Nevada TX Top Spanish Speaking Bankruptcy Lawyer

Best Hispanic Bankruptcy Attorneys in Nevada Texas

Trámite de un Caso de Quiebra

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

Which Bankruptcy Is The Worst?

Lancaster 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.
  • Bankruptcy - Should You File Or Not?

    bankruptcy attorney fees

    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.

    Why Bankruptcy Is Not Always Bad?

    Información y Documentos Requeridos Sobre Ingresos, Gastos, Deudas y Activos

    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