Are you dealing with too much debt? Are you having problems making ends meet? A Chapter 7 bankruptcy can help you eliminate your debts. You can do away with unsecured debts by settling them through a Chapter 7 Houston bankruptcy.
How Can A Chapter 7 Bankruptcy Help?
A Chapter 7 bankruptcy is a route to financial freedom. It can easily eliminate credit card bills, medical debt, payday loans, and past due utility bills. Debts are often eliminated in a matter of six or fewer months. Many people find the Chapter 7 bankruptcy to quite painless. The best part is that you will be granted instant protection from creditors. You will not be at risk of repossession or foreclosure any longer.
Chapter 7 Bankruptcy
In order to be eligible for Chapter 7 bankruptcy you will have to pass the means test. This test looks at your income level. It compares your income to the median income level of your state. If you are eligible you will complete a debtor’s education course before the filing petition. Upon filing your case you will also pay the court fee. After your case is filed you will need to attend a meeting of creditors.
Your debts will be eliminated. You don’t have to keep missing payments, or being harassed by creditors another day. A Chapter 7 bankruptcy can put you on the path to financial freedom.
If you cannot qualify for Chapter 7, you have the option to file under Chapter 13 or Chapter 11. For people who do not qualify for Chapter 7, a Chapter 13 case can be a very good solution. Chapter 13 does not mean that you must repay all of your creditors in full. Your payments in a Chapter 13 plan depend on many factors. An attorney who understands and knows the bankruptcy process can explain your options to you.
Contact Our Bankruptcy Lawyers
Baker & Associates have handled over 5,000 consumer bankruptcy cases, and we can help you successfully navigate the debt relief process as well. Owner and Founder, Reese Baker, has been practicing law since the mid 1980s and is board certified by the Texas Board of Legal Specialization in Consumer and Business Bankruptcy . Mr. Baker and his team of Houston bankruptcy lawyers are committed to providing personalized legal services that fit the needs of their clients. In a time of financial hardship, only the bankruptcy lawyers of Baker & Associates can extend the experience and compassion you need.