Turn Bankruptcy Into A Fresh Start
If you are facing mounting debts, it can feel like you will never find financial freedom. This is not true. There is life after bankruptcy.
Bankruptcy laws are complex, and you should not try to file without first consulting with an attorney. Our firm is a trusted legal resource in The Woodlands, Texas. We understand that filing for bankruptcy does not make you a bad person. All this means is that you need extra guidance and support. Attorney Danielle Campbell has the legal knowledge and experience to help you navigate the legal system.
What Is The Difference Between Chapter 7 And Chapter 13 Bankruptcy?
Determining which type of bankruptcy to file can be a complex decision. The basics of each type of bankruptcy are fairly distinct:
- Chapter 7 bankruptcy: Chapter 7 bankruptcy is the most common form of personal bankruptcy. Chapter 7 bankruptcy discharges most debts and may liquidate some of your assets in order to defray the cost of any remaining debt. For people without complicated or high-value assets, this is often the best choice.
- Chapter 13 bankruptcy: Unlike with Chapter 7 bankruptcy, your debt is not entirely discharged. Instead, Chapter 13 is a debt restructuring program. You are still responsible for repayment, but often at a lower rate, with some relieved burdens. You can also likely retain ownership of your home if you are still making mortgage payments.
As someone filing for personal bankruptcy, you have these two primary options. Our goal is to help you determine if bankruptcy is right for you, what you need to do to file, and how to protect yourself and your assets.
Begin Your Consultation For Free
Danielle Campbell is a lifelong resident of The Woodlands. As your lawyer, she knows that you need someone who helps you — judgment free. Call today or email the office to set up a time to talk.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.