Learn How to File Bankruptcy and Remove the Burden of DEBT
Financial problems can mount quickly before you know it. Medical bills, mortgage payments, credit card bills, student loans, taxes and other types of debt can add up and you can end up “under water” without an answer. Find out the How to Bankruptcy Houston
Why Should You Choose Bankruptcy?
If you end up in a difficult position financially, filing for Chapter 7 Bankruptcy (discharging your debts) or Chapter 13 (reorganizing your debts) may be your best options in order to give you relief from harassing creditors, collection agencies, lawyers and more. Bankruptcy gives you an opportunity for a fresh start. But it is important that you use someone who knows how to file bankruptcy in order to protect your rights and property.
I help my clients get relief from debt. With 20+ years of experience, I can guide you through the complicated bankruptcy process and tell you how to file bankruptcy,your How to Bankruptcy Houston guide. Call me at 713-522-4242 or contact me online to schedule a free consultation to find out if bankruptcy is an option for you.
I can put a stop to creditor harassment by filing for bankruptcy protection. I will take the time to understand your situation and help you. Gathering all of the necessary information, we will determine if you meet the requirements (means test) to qualify for Chapter 7 Bankruptcy or if Chapter 13 is your answer. I explain everything to you in easy to understand language, including a detailed explanation of the process and I will answer every one of your questions.
How to File Bankruptcy, How to Bankruptcy Houston
If we decide that bankruptcy is the best option, we work quickly to file your bankruptcy, which puts an Automatic Stay in place. We know how to file bankruptcy and the Automatic Stay is a powerful tool that goes into effect once a bankruptcy is filed. The Automatic Stay, under federal law stops creditors, lawyers and collections agencies from contacting you. Lawsuits filed in connection with your financial obligations will be stopped and no new lawsuits can be brought, while everything is moved into the bankruptcy court where you will be protected. You will get immediate relief once your bankruptcy has been filed. The Automatic Stay will provide you with full protection from creditors taking or about to take imminent action against you.
I walk you through the bankruptcy process every step of the way. Many people feel overwhelmed with mountains of debt. The recent economy has been difficult on everyone and with debts piling up, it’s difficult staying afloat in an ocean of debt. Many of my clients felt the stress prior to filing bankruptcy and how hard it was to focus on anything else after receiving the letters and telephone calls from collection agencies and lawyers. It can be confusing to figure out how to file bankruptcy if you do it on your own. With help, after filing bankruptcy, our clients feel like a huge burden has been lifted from their shoulders. Financial problems can affect anyone. Millions of people encounter unexpected job loss, divorce, and medical conditions every year that bring about huge expenses, all leaving ruined credit reports followed by harassing collections agencies.
In many cases bankruptcy will be your best option. Each year an estimated one million people file bankruptcy in the U.S. and each case is a unique situation, which requires its own unique solution. Chapter 7 and Chapter 13 Bankruptcy are options allowing you to make a fresh start financially. Regardless of your situation, bankruptcy may be the best solution to end the never ending cycle of debt and to start over.
How to file for Bankruptcy – Chapter 7
Most Chapter 7 cases are completed within a few months, but your relief from creditors, collection agencies and collection lawyers will be immediate. If we agree that Chapter 7 is your best option, I will work with you to decide which debts you want to have wiped away and which debts you may want to reaffirm. So long as you are current with secured debt payments, it will be your choice whether to reaffirm. In most cases, unsecured debt like medical bills, and credit card debt will be fully discharged – you simply will no longer owe it. If you are current on your payments for secured debts such as your home or car, you can choose to reaffirm those debts and keep your property. You will also have the option of surrendering the secured item and being relieved of any debt in association with that collateral.
How to file for Bankruptcy – Chapter 13
In regards to Chapter 13 cases, a plan is put in place to help you repay a portion of the debt using disposable income,while allowing you the cash flow necessary to pay your living expenses. Under Chapter 13, you will be protected from your creditors while you reorganize your finances and work out a plan where you repay your creditors over time. These plans even stop IRS garnishments. A Chapter 13 bankruptcy can stop home foreclosures and vehicle repossessions. In many cases you will only pay a smaller percentage of the unsecured debt back over the course of a 3 to 5 year plan. You can keep your home and your vehicles in spite of being behind on your payments. Each plan is tailored to your individual circumstance and the disposable income available to apply towards the plan.
Chapter 11
I can also help you save your business by filing a Chapter 11 bankruptcy. Under Chapter 11, you will have the chance to save your business by keeping your creditors at bay while devising a plan of reorganization. The automatic stay that goes into effect when the bankruptcy is filed can protect your business from its creditors and give you time and opportunity to regroup and prepare a plan of reorganization. Many companies have reorganized under Chapter 11 and come out the other side of bankruptcy and gone on to be successful.
Federal law requires you to complete consumer credit counseling if you file for bankruptcy. I can help make this easier for you. I have resources that provide telephone consumer counseling so you can obtain your certificate over the telephone.
The Holland Law Firm located at 4545 Mt. Vernon St. is very comfortable and we maintain an atmosphere of ease and confidentiality so our clients feel comfortable discussing their situations with me. My experience in handling bankruptcies over the past 20+ years gives me the skill and knowledge to help you regardless of the circumstances. And this next statement is very important – although you may feel your current financial situation and the filing of a bankruptcy case to be overwhelming – I will be there with you every step of the way. You will be fine – there is life after bankruptcy.
The bankruptcy qualification (means test), the hearing with the U.S. Trustee and the entire process can be complex. I will help you understand your rights and exercise them. I handle both Personal as well as Business bankruptcy clients. If you are contemplating your situation and want more information about bankruptcy, please call me with your questions. You don’t have to be alone in this situation.
Call 713-522-4242 or contact us online. I will be more than happy to speak with you in person or over the telephone and to answer all your questions about bankruptcy free of charge. We are a debt relief agency. We will give you all the details on how to file bankruptcy in Houston. We help people file for bankruptcy relief under the U.S. Bankruptcy Code. For your convenience, we accept Credit cards, Checks and Cash.
