Dallas TX Top Spanish Speaking Bankruptcy Lawyer

Best Top Spanish Speaking Bankruptcy Lawyer in Dallas Texas

Wylie Texas

If you are reading this, then you are probably struggling with debt, and looking for answers to your problems. Get immediate debt relief by speaking with an attorney at our firm. You can discharge debt, stop creditor harassment and get started on the path to freedom from all of your financial worries. Speak with a Dallas Texas bankruptcy lawyer at our law firm about your options.
Our law firm is a trusted and tested bankruptcy law firm in Dallas , serving residents of the Dallas TX area for close to 30 years.

Because of the narrow scope of bankruptcy courts, it is a highly recommended that anyone seeking this form of legal debt relief seek the advice of a competent bankruptcy attorney. This offers a number of distinct advantages for the debtor, among them being that hiring the right bankruptcy attorney will give you valuable insight to how the court in your district operates, in addition to, having worked with the employees of the court in the past.

Justin Texas

Over these years, we have helped Dallas residents:

  • Keep their homes
  • Keep their cars
  • Stop harassment
  • Stop lawsuits
  • Stop wage garnishment
  • Unfreeze bank accounts
  • Discharge debt

A fin de declararse en quiebra bajo el Capítulo 7, usted debe presentar una petición ante su tribunal de quiebras local, junto con varias de las formas que se requieren donde se listen sus ingresos, sus activos, deudas y gastos para vivir. En consecuencia, es necesario proporcionar a su abogado en quiebras una imagen clara y detallada de todos sus asuntos financieros. Si usted tiene principalmente deudas del consumidor, tal como las originadas por las tarjetas de crédito, el tribunal de quiebras requerirá que se someta a una asesoría de crédito con una agencia aprobada, antes de declararse en quiebra. Usted puede declararse en quiebra bajo el Capítulo 7, en forma individual o conjuntamente con su cónyuge.

Why Bankruptcy Law?

Celina Texas

Diferentes tipos de quiebra

Hay varios diferentes tipos de quiebra (alrededor de 99% de los casos de quiebra son bajo los Capítulos 7 y 13):

  • El Capítulo 7 que se conoce como ‘liquidación’. En realidad en alrededor del 95% de los casos no hay nada que liquidar por el efecto de las exenciones. Su propósito es la liquidación de propiedades no exentas del deudor y pagar deudas hasta donde alcance. Puede ser utilizado por corporaciones y sociedades además de individuos.
  • El Capítulo 11 que se conoce como ‘reorganización’ es utilizado por negocios y algunos individuos con un alto volumen de deudas.
  • El Capítulo 12 es reservado para agricultores y pescadores. La principal fuente de ingreso tiene que ser de actividad agrícola o pesca.
  • El Capítulo 13 que se conoce como ‘ajuste de deudas’. Requiere radicar un plan de pago para el pago de todas o parte de la deuda. Solo para personas naturales con ingresos regulares, no para corporaciones o sociedades.

Los Capítulos 7 y 13 pueden ser radicados por un individuo, y si es casado pueden ambos radicarlo conjuntamente. Si su ingreso es superior al ingreso medio para una familia del tamaño de su familia en su jurisdicción o estado, debe radicar un Capítulo 13. Requiere que se complete un examen de sus medios económicos ("means test") con información detallada sobre sus ingresos y gastos. Si conforme a los "standards" de la ley de quiebra usted tiene la capacidad de pagar al menos parte de sus acreedores sin garantía, la corte de quiebra puede decidir que no puede radicar un Capítulo 7, a menos que existan circunstancias especiales.

¿Por qué debe evitarse la bancarrota?

¿Qué quiebra es la peor?

Bankruptcy: the word alone may send chills up your spine. But so should the words "debt", "foreclosure", and "repossession". While bankruptcy may seem undesirable, intimidating, or downright embarrassing, in some instances bankruptcy can be a useful tool and may save you from a life mired in debt. Bankruptcy under chapters 7, 11, and 13 are available to both individuals and businesses, each with its own advantages and disadvantages.

Chapter 7

Chapter 7 is a liquidation bankruptcy. This means that, as an individual or business, when you file for Chapter 7 you agree to have some of your property liquidated to pay off your debts. Businesses that file for Chapter 7 will be dissolved and the assets liquidated to creditors. For individuals, some assets may be exempt, such as your home, tools of your trade, and retirement accounts. The laws for exempt assets vary from state to state. All nonexempt items, however, are at risk of being liquidated under Chapter 7. While you may lose a significant amount of property, your debts will be immediately resolved and you can quickly begin to restructure your finances without the burden of debt.

For More Information

While many people think of bankruptcy as a single action, bankruptcy actually includes a number of different options for debtors to choose from. When used properly, bankruptcy can save your financial future and help you become debt free.

¿En qué corte de bancarrota debo presentar?

Hurst Texas

When someone needs to file for bankruptcy protection, he or she needs to make one initial decision - the type of bankruptcy that should be filed that's right for the situation.  There are choices for the consumer, namely petitions under either Chapter 7 or Chapter 13 of the United States Bankruptcy Code. 

Below is a brief explanation of how filing a Chapter 7 bankruptcy works, but regardless of your financial situation, you need to seek legal help to make sure that your petition proceeds properly. 

Chapter 7 Explained

If a consumer files a Chapter 7 petition, he or she is filing what's known as a 'liquidation bankruptcy.'  This is because in certain respects, the petitioner will be liquidating a majority of the assets held at the time of the filing, but not all of them, as will be explained below.  The steps for filing a Chapter 7 bankruptcy petition are as follows:

  • Note on exemptions - Exemptions are values placed on certain property that cannot be liquidated, as the Bankruptcy Court does not want to leave petitioners completely destitute.  What this means is that you are allowed to keep certain assets up to a certain value including a house, a car, any materials you need for work and even pets, among other things.  Different states have different exemption levels, so you'll need to get those amounts clarified before moving forward.

  • Texas Top Spanish Speaking Bankruptcy Lawyer