Bankruptcy Attorney Serving Tyler, Texas and East Texas
Looking for relief from insurmountable debt? Think bankruptcy.
A bankruptcy may be the best defense against creditor harassment, repossession, foreclosure, lawsuits, garnishments, and IRS tax issues. When you file for bankruptcy, an automatic stay takes effect — preventing your creditors from taking any legal actions against you and granting you a reprieve from harassing collections calls, repossessions, foreclosures, lawsuits, garnishments and the IRS. Creditors can only take action against you after gaining permission from the Court with sufficient notice and a hearing, and only then by showing good cause.
If you are struggling to pay your bills or have accumulated more consumer debt than you can handle, we can help you find the fresh start you need. At Campbell Law Firm, PC, we offer all new clients a free case analysis with an experienced Smith County bankruptcy attorney who can answer your questions and help you understand the options that are available to you. Bankruptcy may be an option worth considering if you are confronted with any of the following:
- Too much credit card debt
- Harassment from creditors
- Foreclosure
- Repossession
- Garnished wages
- Divorce
- Lawsuits and judgments ordering monetary damages
- Problems with the Internal Revenue Service (IRS), such as orders to pay back taxes
Hiring a bankruptcy attorney is always a good idea. Maneuvering through the process of bankruptcy requires expert guidance and support. A bankruptcy attorney can help you make the best possible choices based on your financial situation.
Filing for bankruptcy is not quite as scary as it may seem
Filing for bankruptcy allows you to reduce or eliminate all or a portion of your debt. Depending on whether your loan is characterized as secured, unsecured, dischargeable or nondischargable, each creditor receives different treatment. In most cases, Bankruptcy exemptions and protections allow you to keep your property.
If you are looking for a clean slate from which to rebuild your credit, a bankruptcy filing may be right for you. It is important that your financial records be complete and accurate at the time of the filing — listing all your debts and assets. Understanding the differences between Chapter 7 or Chapter 13 bankruptcy is a critical next step in completing the bankruptcy filing accurately:
- Chapter 7 is also called straight bankruptcy. In most cases, you are able to keep your assets and discharge all of your dischargeable debt. You can then start to rebuild your credit.
- Chapter 13 is also called a reorganization bankruptcy. It allows you to keep all of your property so long as you can make one reduced payment per month to a bankruptcy trustee, who then disburses funds to your creditors. The trustee is responsible for making sure that all your creditors get repaid.
For legal advice, call today: Tyler: 903.593.6899, Mineola: 903.569.0000 or Toll Free: 877.569.0010
Bradley Campbell is an attorney with more than 24 years of bankruptcy experience. He has handled more than 2500 bankruptcies over the course of his career. When you retain his services, he analyzes the facts and circumstances of your case to determine whether bankruptcy is the right choice for you. He can explain your legal rights and options to help put your mind at ease. Please call today and speak with us.
We offer a free bankruptcy case analysis.
