When debts are overwhelming, even simple tasks like opening the mail or answering a phone call can be stressful. You may find yourself maxing out credit cards, dealing with medical bills, or going through a major life change like a divorce or accident. If you’re feeling stuck without a path forward, our team can help. Call us today at Leinart Law Firm to schedule a consultation with our Waco, TX Chapter 7 bankruptcy lawyer!
Waco, TX Chapter 7 Bankruptcy Lawyer
Chapter 7 bankruptcy is often referred to as “liquidation,” but in reality, most people who file keep all of their property. Texas has some exemption laws that can protect your home, vehicle, retirement accounts, and many personal belongings. Our attorney’s role includes making sure those exemptions are properly applied so you keep what you’re entitled to under the law. This type of bankruptcy can be ideal if you have a lot of credit card debt or medical bills, are flooded with collection calls, don’t have enough income to pay off your bills, or have a low credit score.
Chapter 7 is designed for individuals who are struggling with unsecured debt, including credit cards, medical bills, personal loans, and similar obligations. In many cases, these debts can be eliminated within a few months. This fast timeline is one reason many people choose Chapter 7 over other debt relief options.
There are some requirements for qualifying for Chapter 7 bankruptcy. When your income is equal to or below the state median income level, you can likely qualify. However, should your income exceed that level, you may need to undergo additional means testing. This means testing is to determine if you can repay some of your debts. Before filing, you must also complete a credit counseling course with an approved credit counseling agency.
Experience Matters For Chapter 7 Bankruptcies
Our Waco Chapter 7 bankruptcy lawyer can help you financially bounce back, and we bring over 15 years of experience.
- Richard Anderson III is our senior Texas bankruptcy attorney. He joined our firm in 2005, and he has plenty of experience working on Chapter 7 and Chapter 13 bankruptcy cases. He received his Juris Doctor in 2004 from the Southern Methodist University Dedman School of Law.
- Our managing attorney, Marcus Leinart, brings more than 15 years of experience to the firm. He began his career practicing personal injury law, and he has seen firsthand how personal injuries can drive people into bankruptcy. His focus is on helping clients break free from the system and regain their financial footing.
- We’re proud to have several positive reviews and testimonials from satisfied clients. We’ve helped clients not only save their homes but also fix their credit. It’s our goal to provide our team with the necessary legal tools.
Dealing with mounting debt and harassment from collectors can be overwhelming, but our team can help. Contact us today at Leinart Law Firm to work with our Waco Chapter 7 bankruptcy lawyer! We’re ready to listen to your story.
