Frisco Bankruptcy Lawyer

Frisco Bankruptcy Lawyer

Sometimes life can hit us hard. Whether you’re an individual dealing with an expensive divorce or a small business owner struggling in this economy, bankruptcy can sometimes be a legitimate strategy for financial relief. This decision shouldn’t be taken lightly, which is why you’ll want to consult with our experienced Frisco, TX bankruptcy lawyer. Our team will listen to your story to determine if bankruptcy is the right strategy! Call us today to schedule a free consultation.

Frisco, TX Bankruptcy Lawyer

Bankruptcy is not a one-size-fits-all solution. Several types of bankruptcy exist under federal law, each designed to address different financial situations. For individuals, the most common options are Chapter 7 and Chapter 13. Chapter 7, often referred to as a “fresh start” bankruptcy, wipes out many unsecured debts such as credit cards and medical bills, making it a lifeline for people who have little disposable income.

Chapter 13 focuses on restructuring debt. This type of bankruptcy allows you to set up a manageable repayment plan that usually lasts three to five years, giving you the chance to catch up while still keeping certain assets. Businesses may turn to Chapter 11, but for most individuals and families, our team usually recommends Chapter 7 or Chapter 13.

One of the biggest reasons people hesitate to file for bankruptcy is concern about how it will affect their credit. While bankruptcy can initially affect your credit, you can still restore your creditworthiness and even qualify for a mortgage down the line. Bankruptcy is meant to be a stepping stone toward recovery, not a permanent barrier.

No matter your reason for considering bankruptcy, our attorneys provide a supportive, judgment-free environment where you can openly share your concerns. During your consultation, we focus on understanding your unique circumstances and outlining the legal options available to you.

Experience Matters For Bankruptcies

Our Frisco bankruptcy lawyers will work with you every step of the way, and we bring decades of experience. We understand that every situation is unique, which is why we provide tailored legal strategies.

  • Our managing attorney and founder, Marcus Leinart, opened up our law firm in 2005, and since then, he has helped dozens of individuals and families go through the bankruptcy process. He also works with personal injury victims, and he understands how situations like car accidents can lead to needing to file for bankruptcy.
  • Community involvement is a major cornerstone of our law firm, and we work with many charitable organizations, including Children’s Medical Center of Dallas, Tarrant County Buddy Walk, and Genesis Women’s Shelter. It’s our mission to help improve the lives of individuals alongside our community as a whole.
  • Richard Anderson III is our senior Texas bankruptcy lawyer, and he has been helping serve our clients since 2005. He’s an active member of the Dallas Bankruptcy Bar.

When dealing with mounting debts, it can feel like there’s no escape, but bankruptcy can sometimes be an appropriate strategy when used properly. Call us today at Leinart Law Firm to work with our experienced Frisco bankruptcy lawyer!