Filing for bankruptcy is not always an easy decision, but it can provide the relief you need when you’re drowning in debt and looking for a way out. Our Richardson, TX bankruptcy lawyer can help with Chapter 7 and Chapter 13 bankruptcy, and we’re here to assist in business- and divorce-related bankruptcy cases as well. If you’re considering filing for bankruptcy or just want to understand how the process works, our team at Leinart Law Firm can walk you through the steps you’ll need to take. Contact our insolvency lawyers today to get started.
Bankruptcy Lawyer Richardson, TX
Our Richardson bankruptcy attorneys are here to help individuals and businesses facing financial difficulties explore their legal options for debt relief. From credit card debt to outstanding medical bills, foreclosure threats to wage garnishment, dealing with any form of debt can often feel insurmountable. Our bankruptcy counselors can help you determine the next steps for your specific situation—whether that’s Chapter 7, Chapter 11, or Chapter 13—and guide you through the filing process.
Chapter 7 bankruptcy is often used when someone has little to no disposable income. It allows for the discharge of most unsecured debts (excluding tax debts and most educational debts) after certain non-exempt assets are liquidated. Chapter 11 bankruptcy can help businesses reorganize their debts without sacrificing their company. Chapter 13 bankruptcy is a restructuring plan for people who have a steady income and want to repay a portion of their debts over three to five years. Our financial restructuring lawyers will review your financial records, help you understand which assets may be exempt, and work to protect what’s most important to you—like your home, car, or retirement funds.
Hiring our credit management lawyers means you’ll have someone to deal with creditors and handle court filings on your behalf. Creditors must stop contacting you once you file for bankruptcy, which often provides immediate relief. We will also help you avoid mistakes that could result in your case being delayed or dismissed.
Bankruptcy can feel like a last resort, but for many, it’s a path to a fresh start. With the right legal support by your side, you can begin to rebuild your life without losing your most precious assets. The goal of bankruptcy isn’t to destroy your finances; it’s to help you responsibly deal with your debt and head towards a brighter future.
Why Experience Matters In Bankruptcy Cases
Our clients trust that our Richardson bankruptcy attorneys possess the skills necessary to help them through their bankruptcy case, and they know that these skills stem from years of dedicated legal experience.
- We’ve successfully handled thousands of bankruptcy cases for our clients, providing invaluable legal assistance in their time of need
- Since 2005, we’ve been helping clients in the Dallas-Fort Worth area with their legal and financial matters—that’s 20 years of trusted legal service!
- We offer free case evaluations to all of our clients, so they can get a good sense of the plan before jumping into it
At Leinart Law Firm, we make sure our clients have everything they need to tackle their bankruptcy case. From the moment they step into our office, they know they’re in good hands. If you need help from our debt relief lawyers, contact us today to learn more about how we can help.
Types Of Bankruptcy Cases We Handle
Chapter 7 Bankruptcy Cases
We help clients who need a fresh start through Chapter 7 bankruptcy, which can discharge many unsecured debts such as credit card balances and medical bills. This process may require the liquidation of nonexempt assets, but for many individuals, it offers a path to eliminate overwhelming financial obligations. We guide clients through qualification requirements, documentation, and the court process to make sure each step is completed accurately. Contact a Richardson bankruptcy lawyer from our firm today for assistance.
Chapter 13 Bankruptcy Cases
For those with steady income who want to keep their property, Chapter 13 bankruptcy allows debt repayment through a structured plan. This option consolidates debts into manageable monthly payments over a set period, often three to five years. We assist in creating repayment plans that meet court standards while allowing clients to maintain ownership of their homes, vehicles, and other important assets.
Chapter 11 Bankruptcy Cases
We work with business owners and individuals with substantial debt who seek reorganization through Chapter 11 bankruptcy. This process allows operations to continue while restructuring obligations. It is often used by companies looking to renegotiate contracts, manage cash flow, and preserve value for stakeholders while working toward financial recovery.
Bankruptcy For Small Businesses
Small business owners often face unique challenges when debt becomes unmanageable. Whether through Chapter 7 liquidation or Chapter 11 reorganization, we evaluate each situation to determine the best option. Our focus is on helping business owners protect viable operations where possible and address outstanding debts in a way that allows them to move forward.
Bankruptcy Involving Foreclosure Prevention
When clients face foreclosure, bankruptcy can be a tool to stop the process and provide time to address mortgage arrears. Chapter 13 in particular can help homeowners catch up on missed payments through a repayment plan. We assess the timing and strategy needed to give clients the best opportunity to keep their homes. Contact a Richardson bankruptcy lawyer from our firm today for assistance.
Bankruptcy Related To Tax Debt
While many tax debts cannot be eliminated, certain older tax obligations may be discharged under bankruptcy rules if specific requirements are met. We review the type, age, and status of tax liabilities to determine whether relief is possible, and work to integrate any remaining obligations into a broader debt resolution strategy.
At Leinart Law Firm, we have seen how financial strain affects every part of life. As a Richardson bankruptcy lawyer team, we focus on guiding our clients toward solutions that address both immediate debt issues and long-term stability. Whether through liquidation, repayment plans, or business restructuring, we work to identify the most practical approach for each case.
If you are struggling with debt and want to explore your legal options, we are here to help you take the next step toward relief. Contact us today to discuss your situation and learn how we can assist in finding the right path forward.
