Need Bankruptcy Advice? Contact the Lawyer Referral Service
Bankruptcy can help you when you have problems paying debt. The laws were created to help give you a fresh start by either liquidating your assets to pay your debt or restructuring the debt to make it easier for you to repay. Bankruptcy is also available for businesses who get into financial trouble.
All bankruptcies are handled by the federal courts. The Lawyer Referral Service offers referrals in the Western District of Texas which covers about 17 counties in the Central Texas area. There are six types of bankruptcy cases that can be filed. Most often used for individuals are filed as a Chapter 7 (liquidation) or the Chapter 13 (adjustment of debt). Chapter 7 bankruptcies are used when a you may not have a job and may not be able to pay back any of your debt. Chapter 13 are used when you do have an income and want to continue payment on some of your debt (car payments) and discharge some of your debt. Chapter 11 filings (reorganization) are used when a business wants to continue operation but wants to restructure or reorganize the business debts. Eventually, debts are dismissed or reorganized for payment and while you are being protected creditor collection efforts such as lawsuits or garnishments.
When to Hire a Lawyer
Even though you can file a bankruptcy without a lawyer (pro se), we always recommend talking to a lawyer before you make that decision. Bankruptcy laws are complex and making a mistake may impact your rights on a long-term basis. When you call us, our trained staff will give you the personalized attention you need to find a local community group that may be able to consolidate your debts or the right lawyer in the Austin Texas area to help with your bankruptcy. The consultation with a bankruptcy lawyer is free.
Need Help? Call Us, Today
To discuss legal issues with our trained staff, call 512-472-8303 or toll free at 866-303-8303, Monday through Friday 8:00 AM – 4:30 PM, CST. You can also fill out the form below and we will get back with you as soon as possible.