Dallas Bankruptcy & Personal Injury Lawyers
Bankruptcy & Personal Injury Lawyers Ready to Help You
- Get tailored debt relief options
- File Chapter 7 or 13 Bankruptcy
- Receive compensation for your suffering
- Get treatment for a car wreck or other injury
Working with a Dallas, TX attorney can be a great way to get back on your feet after an accident or financial difficulty. Our law offices help with common legal problems affecting individuals and small businesses. Call today and start working with a Dallas lawyer who’s ready to help you regain your future.
A Dallas Bankruptcy Attorney Can Help You:
- File Chapter 7 Bankruptcy
- File Chapter 13 Bankruptcy
- File Business Bankruptcy
- Navigate Bankruptcy and Divorce
- Defend You Against Lawsuits and Judgements
Bankruptcy helps you discharge most kinds of debt, and filing for bankruptcy will put an automatic stay on foreclosures, repossessions, and other collections practices. You can protect your property while working toward a brighter financial future with a Dallas bankruptcy attorney. Leinart Law Firm’s experienced bankruptcy and debt-relief lawyers can guide you through the process of managing your debt by helping with:
A Dallas Personal Injury Lawyer Can Help You:
- Obtain compensation for a car accident injury
- Navigate a Slip & Fall accident
- Get the treatment and the compensation you deserve from a semi-truck accident
- Pursue a Wrongful Death claim for a loved one
- Pursue a Medical Malpractice claim
A Dallas, TX attorney understands that each situation is unique and requires a customized approach. We are experts in providing legal services and solutions to the challenges you face with our expansive knowledge of the law and resources available to you as a client and an injured party. Our personal injury attorneys are experienced and they know what it takes to help their clients become whole again.
Dallas Bankruptcy FAQs
Working with experienced Dallas bankruptcy lawyers to file for personal bankruptcy can provide filers with financial relief when they are struggling with overwhelming debt. It offers a chance to make a fresh start, but it’s essential to consider the long-term consequences and to connect with the dedicated team at Leinart Law Firm before making this significant financial decision. Bankruptcy laws can be complex and vary by jurisdiction, so consulting with an experienced bankruptcy attorney is crucial to understanding your rights, options, and potential outcomes.
What is personal bankruptcy?
Personal bankruptcy is a legal process that allows individuals who are overwhelmed by debt to seek relief from their financial obligations. It is a formal way of declaring that you are unable to pay off your debts and gives you the chance to start afresh financially. There are two common types of personal bankruptcy in the United States: Chapter 7 and Chapter 13. Chapter 7 allows for the discharge of debts without a repayment obligation (and is only available to low-income filers), while Chapter 13 allows debtors to create a repayment plan to settle their debts over a period of three to five years.
What are the main reasons people file for bankruptcy?
People work with Dallas bankruptcy lawyers to file for bankruptcy due to various financial hardships. The most common reasons include overwhelming credit card debt, medical expenses, job loss, divorce, and excessive mortgage or car loan payments. Unexpected events, such as natural disasters or a major illness, can also lead individuals to seek bankruptcy protection. Additionally, poor financial management and excessive borrowing without a solid repayment plan can contribute to a financial crisis that necessitates bankruptcy.
Will bankruptcy ruin my credit forever?
While bankruptcy will have a significant impact on your credit score, it won’t ruin it, let alone ruin it forever. The negative effects of bankruptcy will stay on your credit report for a certain period, typically seven to ten years, depending on the bankruptcy chapter filed. However, with responsible financial habits, such as paying bills on time and managing new credit responsibly, you can start rebuilding your credit score gradually as soon as you’ve filed for bankruptcy.
Can I keep any of my assets if I file for bankruptcy?
The answer to this question depends on the type of bankruptcy you file and the exemption laws in your state. In Chapter 7 bankruptcy, non-exempt assets may be sold to repay creditors (although this is a very rare occurrence in practice), while exempt assets are protected. Common exempt assets may include a certain amount of equity in your primary residence, a vehicle up to a certain value, necessary household items, and tools of your trade. In Chapter 13 bankruptcy, you can keep all your assets, but you’ll need to repay your debts through a court-approved repayment plan.
Can bankruptcy stop foreclosure or repossession?
Yes, filing for bankruptcy can provide a temporary halt to foreclosure or repossession proceedings. When you file for bankruptcy with the assistance of the Leinart Law Firm team, an automatic stay will be put into place, which prevents creditors from taking any further collection actions, including foreclosure or repossession, during the bankruptcy process. However, it’s essential to understand that bankruptcy may only delay these actions, not eliminate them entirely. If you want to keep your home or car, you may need to work out a plan to catch up on missed payments through Chapter 13 bankruptcy or allow our firm’s Dallas bankruptcy lawyers to negotiate with your creditor(s) outside of bankruptcy court.
Get Your Free Consultation With a Dallas, Texas Lawyer
It won’t cost you a dime to take the first step toward regaining control of your future. Schedule an initial consultation with an experienced attorney and get back the freedom you deserve.
Our Dallas Law Firm
10670 N Central Expwy, Suite 320
Dallas, TX 75231
Dallas Law Office Hours
Monday – Friday 8:30 AM – 5:30 PM or by appointment