Chapter 7 Bankruptcy Lawyer in Houston, TX
Bankruptcy is an intimidating prospect. However, if loans, bills, and other
forms of debt have you completely overwhelmed with no chance of recovery,
bankruptcy may be a viable option. With the help of a skilled Houston
Ch. 7 bankruptcy lawyer, you can navigate the bankruptcy process and start
working on overcoming your circumstances! At Phillip H. Trueba, Attorney
at Law, you receive personal attention from a passionate lawyer and caring
staff. We have a thorough understanding of the means test, bankruptcy
exemptions, and related matters. Our prices are upfront and honest - you
won't be surprised by hidden fees.
Addressing your debt is possible. Call (713) 481-0022 for a free consultation.
Understanding Chapter 7
In order to qualify for Chapter 7, you may need to first pass a means test.
If your income is below the state median for your household, you may be
immediately eligible to file Chapter 7. If your income is above the median
level, Phillip Trueba can help you determine your eligibility and maximize
your ability to qualify by capturing all manners of expenses that may
be used to rebut the presumption of ineligibility.
Chapter 7 bankruptcy essentially allows debtors to take advantage of a
"fresh start" in that there is no debt repayment plan whatsoever,
if you qualify. Chapter 7 cases often span only several months and provide
the opportunity to discharge personal debts at the conclusion of the case.
In Chapter 7 bankruptcy, certain debts cannot be discharged such as:
- Fraudulent debts
- Student loans
- Certain taxes
- Child Support
The law office will help you determine which debts can or cannot be discharged
in your bankruptcy case. The majority of Chapter 7 cases involve a debtor
with large credit card or other types of unsecured debts and few assets.
In most case, Chapter 7 bankruptcy can allow a person to eliminate or
“discharge” a majority of their debt, while using state or
federal exemptions in order to retain your assets.
Free Consultation with Trusted Houston Bankruptcy Attorney
Unfortunately, dealing with creditors is unavoidable, so you want to make
sure you are doing it on your own terms, and bankruptcy can be an invaluable
tool in doing so. With 20+ years of experience, Phillip H. Trueba can
help you pursue Chapter 7 bankruptcy and work on obtaining a fresh start.
Your creditors have attorneys to pursue their interests, and you should
as well. We hold an A+ rating from the Better Business Bureau because
of experience, proven ability, and success. Be proactive and take control
of your finances by calling for your free consultation today!
Call (713) 481-0022 for more information. We are here to help.