Bankruptcy Lawyer Serving Arlington, TX
We Have 30+ Years of Experience: Call (817) 381-9292
Are you familiar with the bankruptcy laws that apply to you? Our firm has
helped men and women from every background resolve their debt problems
by employing workable debt relief solutions. Whether you decide to file
for bankruptcy or determine that another alternative is better for you,
the legal team at the Law Office of Marilyn D. Garner is prepared to stand
by your side and help you through each step of the bankruptcy process.
Let our experienced Arlington bankruptcy lawyer help you.
Schedule your free consultation today!
Get Information About Filing for Bankruptcy
Here are some of the areas we can help you understand and handle:
Did you know that there are a number of debt relief options available to
you besides bankruptcy? Our firm can help explain these alternatives and
assess your current situation to help you understand if there are any
other options that would be better for you - such as loan consolidation,
debt settlement, or deed in lieu of foreclosure.
Have you been told bankruptcy will permanently destroy your credit or prevent
you from buying a home? It is unfortunate that myths about bankruptcy
continue to damage many people's perceptions of this practical debt
solution. Don't let misinformation color your view of bankruptcy.
Let us explain the truth about this debt relief option.
Benefits of Bankruptcy
There are a number of benefits that declaring bankruptcy can offer you
and your family. Bankruptcy may allow you to discharge most debts and
protect assets from unsecured debt collectors. It also puts an automatic
stay into effect--meaning collectors will not be able to freeze your bank
account, garnish wages, or use other means of debt collection.
Also called "straight" or "liquidation" bankruptcy,
Chapter 7 allows you to discharge most, if not all, of your debt. In order
to qualify for this form of bankruptcy you must pass the means test showing
that you do not have enough disposable income to repay your debts. This
chapter may be the path you need to achieve a financial fresh start.
Chapter 11 is especially designed for corporations, partnerships, and businesses.
Large corporations including General Motors, K-Mart, and United Airlines
have filed Chapter 11 bankruptcy. In 2010 alone, more than 14,000 cases
were filed. This is a viable option for struggling businesses because
it allows a company to reorganize its debts.
If you do not pass the means test qualifying you for Chapter 7, you will
most likely still be eligible for Chapter 13. Some people prefer to file
for Chapter 13because it allows them to keep their property while reorganizing
their debts and paying them back over time. There are several situations
in which Chapter 13 may be more beneficial.
Being harassed by debt collectors? Did you know that there are laws protecting
you from abusive creditors? Our Arlington bankruptcy attorney is familiar
with these laws and prepared to help you defend yourself from illegal
creditor activity. If you have been the victim of abuse, you may be entitled
to compensatory payment from your creditors.
If you've been threatened with foreclosure, it's important you
act quickly to get the legal advice you need to save your home. Talk with
us about how declaring bankruptcy may shield your home, or whether short
sale or deed in lieu of foreclosure is a better option for you. Act now
to ensure that your interests are protected.
Is Bankruptcy Right for You?
Learn about your debt relief options, Chapter 7 and Chapter 13, and the
facts about this government debt relief option. By meeting with our bankruptcy
attorney in a
free case evaluation, you can learn all of your bankruptcy options and alternatives and determine
which course of action is the best for you. Don't hesitate to get
the legal help you need.
Life After Bankruptcy
What about the aftermath of a bankruptcy? Will you be able to buy a home,
take out a loan, or get a credit card? What will your credit score look
like? Our Fort Worth debt relief lawyer is prepared to help you overcome
the challenges you may face after filing for bankruptcy. With her guidance,
you can achieve the fresh start you've dreamed of.
Loan modification is a negotiation process that allows you to rework the
terms of your loan at the discretion of your lender. This agreement may
lead to lower monthly payments or even a lower total payment. Some lenders
are willing to except less rather than risk losing the entire amount owed.
We have years of experience in successfully negotiating these types of
agreements with collection agencies on behalf of her clients.
In 2005, the U.S. Congress developed the means test as part of the bankruptcy
process. This test determines whether or not a debtor truly qualifies
for Chapter 7 bankruptcy and excludes those who have sufficient disposable
income to pay back their loans. The formula used subtracts an applicant's
monthly expenses from their monthly income - determined as the average
of his or her income from each of the last six months.
Let Our Fort Worth Bankruptcy Attorney Help You
You need strong and effective advocacy to face the legal process of resolving
your debt problem. Bankruptcy is a complicated procedure and it is strongly
recommended that you enlist the services of an effective bankruptcy lawyer
who can help you assess your options, protect your interests, and ensure
that all of the steps are properly completed.
If you wish to avoid bankruptcy, we can help you understand alternatives
available to you. Discover your path to a fresh start in a
With 30+ years of experience, our Arlington bankruptcy attorney has helped
countless men and women resolve their debt dilemma. Attorney Garner understands
the laws that affect your situation, and is prepared to help you with
informed, compassionate advice and advocacy.
Do not hesitate to call the Law Office of Marilyn D. Garner today to book
your free consultation and get started on the road to peace of mind and
total financial freedom: (817) 381-9292!