Chapter 11 Bankruptcy Lawyer Houston 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
77007 Area Board Certified Attorneys
Reese W. Baker is board certified by the Texas Board of Legal Specialization in Consumer and Business Bankruptcy and by the American Board of Certification in Business Bankruptcy. Other attorneys not certified.
Bankruptcy And Debt Relief Near Houston TX
Baker & Associates assists clients in making debt relief and bankruptcy options in: Houston, Bryan/College Station, The Woodlands, Baytown, Brazoria, Conroe, Humble, Galveston, Katy, League City, Missouri City, Pearland, Richmond/Rosenberg, Spring, Sugar Land, and other surrounding areas.
Chapter 11 Bankruptcy Lawyer 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 Houston 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).