Grand Prairie TX Hispanic Bankruptcy Attorneys

Best Best Hispanic Bankruptcy Lawyers in Grand Prairie Texas

Grand Prairie 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 Grand Prairie Texas bankruptcy lawyer at our law firm about your options.
Our law firm is a trusted and tested bankruptcy law firm in Grand Prairie , serving residents of the Grand Prairie 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.

Lancaster Texas

Over these years, we have helped Grand Prairie 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.

¿Por qué debe evitarse la bancarrota?

Rowlett 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.
  • ¿Por qué la quiebra no es siempre mala?

    Rowlett 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.
  • Why Bankruptcy And Executorship In Accounting?

    Roanoke Texas

    For many people, a huge appeal of the bankruptcy procedure is the automatic stay, which means that from the moment you file your bankruptcy with the court, your creditors are prohibited from contacting you, from trying to repossess your car, garnish your wages or continue on a home foreclosure. However, there are exceptions to the bankruptcy automatic stay and it is worth making yourself aware of them before you file.

    One of these exceptions to the bankruptcy automatic stay is child support and another is alimony. These are two specific items which, even if you are successful in your petition to declare chapter 7 bankruptcy, will not be discharged wither.

    One other thing worth noting is that if you have filed a petition to declare yourself bankrupt within the last year and have subsequently had that petition dismissed, for whatever reason, upon filing this time around you may find that you are not entitled to any of the benefits of the bankruptcy automatic stay. This is put in place to prevent people from abusing the system.


    Texas Top Spanish Speaking Bankruptcy Lawyer