Bankruptcy Attorneys Baytown TX
Since 2000 Baker & Associates has handled over 5,000 consumer bankruptcy cases in state and federal courts, and we have the knowledge and skill to help you, too. We do more than just file a bankruptcy case for our clients. We pursue claims in cases for wrongful actions of lenders, creditors and others, and have ongoing cases against mortgage companies, car lenders, banks, payday lenders, and other individuals and companies. Our unique skills give our clients an advantage over the rest.
Experienced Lawyer Near Baytown TX
Reese Baker has been practicing Bankruptcy Law since the mid-1980?s, and has been involved in many highly-complex corporate business bankruptcy cases. He uses the significant experience gained in such cases to aggressively pursue cases on behalf of individuals and smaller companies. NACBA
Bankruptcy Attorneys Assistance
Bankruptcies fall into basically two types of categories – discharge of debts with no payments (chapter 7) and repayment plans for different types of debts (chapters 9, 11, 12, and 13). What type of bankruptcy is best for you depends on a variety of factors that include income, expenses, types of debts, long term goals and restrictions in various chapters. For instance, if you want to save a house, car or both, then a chapter 7 will not help. If you principally have credit card or medical bills and are current on your house and car payments, then chapter 7 may be the best solution. In order to accurately assess the best chapter for your needs, you should consider seeing a board certified attorney.
Bankruptcy Attorneys Information
Bankruptcy is conducted in the federal courts. Bankruptcy is effectively a lawsuit that is filed against creditors. In order to file a bankruptcy, you must complete documents for filing with the court, you must complete a credit counseling course, and you must provide financial information for the court. After a case is filed, you will be required to meet with a trustee about 30 days after your case is filed. The process is different for chapter 7, 11, and 13 cases. The bankruptcy process should be completed for a chapter 7 in approximately 4 to 6 months from the date of filing. A chapter 13 case goes from 3 to 5 years. A chapter 11 case may be from 6 months to 1-1/2 years. During each step, we provide support and assistance to our clients.
Stop Foreclosures Near Baytown TX
If you own a home, this is probably your largest and most valuable asset. A bankruptcy petition stops the foreclosure of your home – it stops foreclosures on any type of physical property that you own. The lender has no option once a bankruptcy case is filed. The bankruptcy also allows you to restructure the amount you are behind and pay the past due amount over a period of up to 5 years. Even if you do not think you can afford your home, a bankruptcy may restructure the debts on your house to make it affordable. Please be aware – if you wait to act until after the foreclosure sale, you are probably too late in Texas. There is no right of redemption for foreclosures (except for ad valorem taxes).
Professional Legal Advice
When you are facing foreclosure it can feel as if you life is unraveling. At Baker & Associates it’s our goal to help people with their financial difficulties and provide professional legal advice for everyday living. Financial difficulties usually arise out of an unexpected crisis, such as loss of job, major medical emergency, divorce or business failure. We want to be available to our clients through these difficult times and help them move forward. Our Home Sweet Home program was created to help us utilize every possible tool allowed by law to save your home from foreclosure. When your home is posted for foreclosure, it is important for you to know your rights in order to make an informed decision about your future. At Baker & Associates we offer a FREE initial consultation to discuss your foreclosure situation and any other debt related issues you may be facing.
Baytown TX Area Repossesed Vehicles
If you live in Texas, you know the need for transportation and a vehicle. If you have gotten behind on your car or truck payments, or even worse, your vehicle has been repossessed, then a bankruptcy filing can get your vehicle back. So long as the lender has not sold your vehicle after a repossession (which normally cannot occur for at least 10 days after repossession), the bankruptcy process allows you to recover your vehicle, restructure your vehicle payments, and continue to have transportation. All is not lost if your vehicle has been repossessed. In order to get your vehicle back, you will need to have proof of full insurance coverage and qualify to file a chapter 13 bankruptcy case.