Arlington Chapter 7 Bankruptcy Lawyer
Helping North Texas Debtors Achieve a Fresh Start
Chapter 7 bankruptcy is a federal debt relief option offered to individuals who cannot repay their loans due to heavy debt and insufficient disposable income. Should you pass the means test qualifying you for this chapter, you will be able to discharge most if not all of your debts. With help from an experienced Arlington lawyer, filing a Chapter 7 bankruptcy can be smooth, straightforward, and painless.
Why File for Chapter 7?
Chapter 7 bankruptcy is one of the most straightforward and powerful debt relief options available to debtors. As soon as you file for bankruptcy, the automatic stay will trigger, putting a stop to all collection actions by your creditors. This includes harassing phone calls and wage garnishments, and the automatic stay will even temporarily pause any repossession or foreclosure proceedings.
Chapter 7 allows you to discharge nearly all of your unsecured debts through liquidation. Unsecured debts include any debt not secured by collateral.
Debts commonly discharged in Chapter 7 include:
- Medical debt
- Credit card debt
- Past-due utility bills
- Certain personal loans
- Certain tax penalties and unpaid taxes
Usually, Chapter 7 bankruptcy takes about three to six months to complete.
Understanding the Means Test
During our first free, obligation-free consultation, we can assess your current situation and talk about the debt relief option that is right for you. If you are interested in filing under Chapter 7, we can help you determine whether or not you pass the qualifying means test.
It will help speed the process if you are able to begin gathering certain documentation that will be necessary, including the following:
- A list of your monthly expenses
- Names and addresses of any debt cosigners
- Name and address of your employer
- A list of all your current assets and their dollar value
- A list of all real estate you own and the estimated value of each property
- A list of all your debt collectors and the amount you owe each
- All forms of income you receive, including child and spousal support payments
Even if you do not qualify for Chapter 7 bankruptcy, we can help you explore other debt relief options, including Chapter 13.
Professional Help in Filing for Chapter 7 Bankruptcy
With more than 30 years of experience in the field, our lawyer understands the intricacies of bankruptcy law and is thoroughly familiar with the process involved in filing for Chapter 7. By retaining our firm, you can be sure your bankruptcy case is in good hands. We help clients throughout North Texas including Arlington, Bedford, Mansfield, Grand Prairie, and Cedar Hill.
Contact our Arlington law office today at (817) 381-9292 for a free consultation!
Why Hire Marilyn D. Garner?
What Sets Us Apart-
Free Confidential Consultation
Our goal is to serve each of our clients individually, offering the information and guidance they need to find the right solution for their particular needs and unique situation.
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Individual Care for Clients
We are not interested in “cookie-cutter” services. When you work with us, you can depend on direct service from our knowledgeable attorneys—not an inexperienced paralegal or legal assistant.
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Top-Rated Ethics & Skill
Our firm is dedicated to maintaining the highest ethical and legal standards throughout every case. Our lawyer’s AV® rating is just one testament to how we fulfill this commitment to every client.
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30+ Years of Experience
The lawyer who leads our firm has been practicing since 1983. Attorney Marilyn D. Garner understands what you are facing and is intimately familiar with the laws that affect your situation.