Houston Consumer Bankruptcy Lawyer

If you are facing a financial crisis, there is help. Bankruptcy was designed to protect honest, hardworking people from complete devastation by allowing them to restructure their debts.

You are not responsible for the economic crunch. You could not have foreseen such a disaster was coming. Stop feeling guilty, and start fixing what you can.

Call a bankruptcy lawyer at Thompson Law Firm today, 281-893-8841.

Financial Relief

A bankruptcy lawyer from Thompson Law Firm can walk you through the many forms of assistance that are available for your particular situation. Successfully filing can get you relief from the following common debt problems:

• Credit Card Bills
• Medical Bills
• Tax Bills and Levies
• Repos
• Foreclosures

Types of Bankruptcy

A bankruptcy lawyer at Thompson Law Firm can assist you with Chapter 7and Chapter 13 bankruptcies. Your circumstances will decide which route you must take.

Chapter 7

A person or entity may file for Chapter 7 bankruptcy seeking to wipe out all or most of the existing debts. A Chapter 7 debtor may be required to liquidate its non-exempt assets in order to repay its creditors and lenders. In many cases, an individual Chapter 7 debtor will be permitted to retain all or most of that person's assets, but exceptions may vary from state to state.

Chapter 13

Chapter 13 bankruptcy allows individuals to reorganize their financial responsibilities under the supervision of a federal bankruptcy court. The court-approved plan, which is essentially debt consolidation, is usually carried out over a three- to five-year period.

Even though you may have an idea as to which form of bankruptcy is best-suited for your circumstances, there are restrictions. Consult a bankruptcy lawyer at Thompson Law Firm to make sure you are stepping in the right direction.

Texas Bankruptcy Lawyers Help you Navigate the Challenges of Filing Bankruptcy

While you are not required by law to hire a bankruptcy lawyer to file your petition, it is highly recommended. There are numerous loopholes and conditions that can be challenging to navigate, and a bankruptcy lawyer can stand up in court and answer difficult questions you had not considered.

• Banks and Lenders
• Lawyers of Banks and Lenders
• Insurance Agents
• Appraisers
• IRS

Speak With An Experienced Texas Bankruptcy Attorney

Moreover, when dealing with bank and creditor lawyers, it is important to realize who they are working for: their clients, your lenders. They understand the law and this often complicating and overwhelming process. Their job is to attain the best monetary position they can for their clients.

Don't be tricked into believing they are giving you a good deal.

Hire an attorney from Thompson Law Firm and protect yourself from your creditors.

Call Thompson Law Firm, 281-893-8841 or contact us online.