For many individuals and families, finding a way to eliminate their current debts is the first step towards achieving financial freedom. It can be difficult to plan for your financial future when all of your money is going towards eliminating debts that just continue to grow no matter what you do. When you’re struggling to pay off debts, and the creditors keep calling, it might be time to call our Hurst, TX Chapter 7 bankruptcy lawyer.
Hurst, TX Chapter 7 Bankruptcy Lawyer
Chapter 7 bankruptcy is sometimes referred to as “liquidation bankruptcy.” This type of bankruptcy is ideal for individuals who have no or little income coming in, and it allows you to discharge certain unsecured debts like personal loans, credit card debt, and medical bills. Most people avoid this type of bankruptcy because they’re afraid of losing major assets like their home or car.
However, in most cases, you won’t need to give up any property when filing for this type of bankruptcy. The main exception to this rule is if you’re significantly behind on any car or house payments. If this is the case, you may face the possibility of foreclosure or repossession. That’s why when you work with our legal team, you should provide as many details as possible about your financial situation. After we take a look at your financial situation, we can advise you on the best option to pursue.
Besides determining whether or not a Chapter 7 bankruptcy makes sense for your situation, there are also certain eligibility requirements you must meet. The first requirement is having an income equal to or below the state’s median income level. Should your income go above this amount, you may need to undergo more means testing to determine if you’re able to pay off some of your unsecured debt.
Our Experience Makes The Difference
Whether you know for sure that a Chapter 7 bankruptcy is the right move or you want to explore all of your options, our Hurst Chapter 7 bankruptcy lawyers can help!
- Our team brings over 15 years of experience, and during this time, we’ve helped clients across many different backgrounds and financial situations. Our law firm deals with personal injury cases as well, and we know there’s often a strong connection between financial ruin and mounting medical debts.
- We’ll fight for you every step of the way, and if you’re dealing with problems like creditors constantly calling and hounding you, we can help provide financial relief. We always believe in giving our clients the financial tools to prevent future problems. We can advise you in areas like credit counseling, credit repair, and loan modifications.
- We’re proud to have several positive testimonials from satisfied clients. We always measure our success by how much our clients trust us.
Dealing with mounting debts and aggressive creditors can be stressful, but our Hurst Chapter 7 bankruptcy lawyer is here to help! Reach out to our Leinart Law Firm today to schedule your free consultation—we’re just one call away!
