Bankruptcy & Debt Solutions
The Campbell Law Firm, PC (CLF) has a wealth of experience assisting individual consumers throughout Northeast Texas in bankruptcy proceedings.
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 CLF, we offer all new clients a free case analysis with an experienced bankruptcy lawyer 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
At CLF, we are dedicated to finding effective solutions to our clients' problems. In many cases, we are able to help clients obtain the relief they need by filing for bankruptcy under Chapter 7 or Chapter 13. Once you file your Chapter 7 or Chapter 13 petition, creditors are prohibited from contacting you to try to collect debts, allowing you to begin the process of getting back on track.
Filing for Bankruptcy Under Chapter 7
In most cases, a Chapter 7 bankruptcy will allow a person to eliminate their debts and protect all of their exempt property. Before you go forward with filing for bankruptcy, your lawyer can tell you if there are any problems with the types of debts you wish to eliminate or if you would lose any property. Relief under Chapter 7 is available to individuals regardless of the amount of debt they are facing.
Chapter 7 is also available to partnerships and corporations, although the rules that apply to these entities vary somewhat from the rules applicable to individual debtors.
Filing for Bankruptcy Under Chapter 13
Chapter 13 allows a debtor to keep all his or her property and pay off a portion of his or her debts over time, according to an individualized payment plan that usually lasts three to five years. Relief under Chapter 13 is generally available to individuals with regular incomes whose debt is not more than a certain limit (adjusted periodically by the federal government).
Seek Advice from an Experienced Bankruptcy Attorney
Consumers seeking relief under Chapter 7 or 13 must file a petition, which includes numerous mandatory documents containing information about his or her finances. An experienced bankruptcy attorney can help you ensure that all relevant documents are properly prepared and filed in accordance with court rules in order to achieve the best result. To learn more about our services or to discuss your problem with an experienced attorney, contact the Campbell Law Firm, PC today for a free case analysis.
