Bankruptcy Consultation
Garland TX Bankruptcy Attorney John F. Williams Jr.
April 23, 2012 | 
Author If you are considering filing for bankruptcy in Garland, TX, you need to hire an attorney. You shouldn’t risk making a mistake and losing your bankruptcy case as a result, especially when you can get help from a highly competent bankruptcy lawyer in Garland like those who work for the Law Offices of John F. Williams, Jr.
Even if you plan to file without an attorney, you need a Garland TX bankruptcy attorney to check over your paperwork. It’s important that your paperwork is completely correct; if you make any mistakes, the bankruptcy court can dismiss your case. If this happens, you won’t get your filing fee back, and your creditors can return to attempting to collect the money you owe them. You’ll need an attorney to help you re-file your case and get your automatic stay reinstated so that you can resolve the financial problems instead of having to deal with foreclosure or other serious consequences of your inability to pay your bills.
Your attorney can also help you decide which type of bankruptcy to file. There are two main types of personal bankruptcy. Chapter 7 bankruptcy requires you to liquidate many of your assets to discharge your debt, while Chapter 13 bankruptcy allows you to set up a structured repayment plan so that you can repay most of your debts within the next three to five years. Both of these programs have different eligibility requirements and different consequences for your credit and financial situation, so you should talk to somebody who is familiar with bankruptcy law before deciding to file.
Many people try to file for bankruptcy without ever talking to a lawyer because they are embarrassed or ashamed that they have to file. This can lead to mistakes and more severe financial problems. There’s no reason to go it alone. The bankruptcy attorneys at the Law Offices of John F. Williams, Jr. have helped many clients resolve their bankruptcy cases to their satisfaction. They understand the situations that lead people to have to file for bankruptcy and know that many good people file every year. Don’t be scared to ask for help; call the Law Offices of John F. Williams today at 972-527-4500 to schedule a consultation.
Frisco TX Bankruptcy Attorney John F. Williams Jr.
Every day, thousands of Americans face mounting debt and menacing calls from creditors demanding payments that for varying reasons simply cannot be made. When that debt becomes just too much to handle, many consider the protection that bankruptcy can provide. The Law Offices of John F. Williams, Jr. have the most experienced bankruptcy lawyers in Frisco, TX, offering legal consultation on a variety of bankruptcy options.
At the Law Offices of John F. Williams, Jr., you will have access to the leading Frisco TX bankruptcy attorneys, who will become your advocates in the bankruptcy process. Each bankruptcy case is unique and personal, and you will be paired with a lawyer who works best with you to educate you in simple terms about bankruptcy and its implications for you. Your lawyer will guide you through a detailed assessment of your finances and make an expert recommendation on the course of action that is best for you and your long-term financial health.
Chapter 7 bankruptcy, or “straight” bankruptcy, is a solution if you find yourself unable to pay your existing debts. Under the provisions of Chapter 7, upon acceptance of your petition by the bankruptcy court, creditors must stop active debt collection against you. This provides you the opportunity to regain your financial footing and establish a plan for success in your financial future. Chapter 7 also ceases the seizure of certain exempt personal property by creditors, offering you the potential to retain some of your most valuable assets. If you qualify for Chapter 7, within a matter of months you can have your bankruptcy petition filed and the harassment from creditors stopped.
Not everyone is eligible to file for bankruptcy under Chapter 7. If your monthly income exceeds a certain limit or you do not otherwise qualify for Chapter 7, you may be eligible to file for Chapter 13 bankruptcy. Chapter 13 is a consolidation program that allows you to reorganize your debt so that it is easier for you to repay it. Under this program, creditors must agree to take a lower payment from you and allow you to repay your debts over a longer period of time. This alternative to Chapter 7 does not clear your debts, but it can offer more favorable long-term financial outcomes and a greater chance for you to retain more of your valuable assets.
If you are facing bankruptcy, you need protection and want experience and professionalism on your side. Call the Law Offices of John F. Williams, Jr. at 972-527-4500 for a free and confidential consultation.
Posted in Bankruptcy, Bankruptcy Consultation, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Frisco TX Bankruptcy, Frisco TX Law Firm | 
Tags: bankruptcy, bankruptcy assistance, bankruptcy consultation, bankruptcy protection, chapter 13 bankruptcy, chapter 7 bankruptcy, frisco bankruptcy attorney, frisco tx bankruptcy | 
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The Law Offices of John F. Williams, Jr. Offer Bankruptcy Assistance in Garland, TX
Filing for Chapter 13 bankruptcy or Chapter 7 bankruptcy doesn’t have to be a stressful and tedious task. Though it can be very confusing, the Law Offices of John F. Williams, Jr. can help you with all of your Garland TX bankruptcy issues. We will make the whole process as easy and smooth for you as they possibly can. It is our goal to help you through this transition with as little tension and discomfort as possible.
With the extensive experience that we can provide you with, you will be able to feel the relief in no time. We will be able to answer any questions that you may have regarding the process of bankruptcy and help you decide what the best options for you are. John F. Williams, Jr. offers all of Garland TX bankruptcy protection. With the drastic change in the economy over the past few years, more and more people are forced to file for bankruptcy and the people in the Garland, TX area have a great force to stand beside them and help them through the process of overcoming their financial issues.
Bankruptcy Filing Assessment from Your Frisco TX Bankruptcy Attorney
Your Frisco TX bankruptcy attorney, John F. Williams, Jr., offers bankruptcy filing services for debtors facing tough financial decisions. Deciding whether to file for bankruptcy is one of the toughest decisions a debtor faces. The National Association of Consumer Bankruptcy Attorneys (NACBA) has a few bankruptcy assessment steps on their website:
To assess whether bankruptcy will help, take the following steps:
- Learn the advantages and disadvantages of bankruptcy. It is important to know the benefits and pitfalls of bankruptcy. While the benefits can be great–discharge of most debts and an automatic stay against creditors–there are disadvantages, particularly the possibility of losing property.
- Determine whether bankruptcy will get rid of your debts. Bankruptcy doesn’t eliminate all debts. If you have many secured debts or debts that cannot be discharged in bankruptcy, bankruptcy may not be the best option for you. Debts that cannot be discharged include taxes, alimony and child support and student loans.
- Do a budget analysis. Doing a budget analysis can help you determine whether you will be able to pay your bills after a bankruptcy proceeding. You need to calculate ongoing expenses and income to determine whether a bankruptcy proceeding will solve your debt problem or if the problem will continue.
- Consider alternatives to bankruptcy. Bankruptcy is only one way to deal with overwhelming debt. There are other steps you can take to reduce your debt that don’t involve filing for bankruptcy.
- Finding a good bankruptcy lawyer. Picking the right bankruptcy lawyer for you can be daunting task.
John F. Williams, Jr., your bankruptcy lawyer in Frisco, offers 20 years of successful representation in bankruptcy law. Licensed to practice in the U.S. District and U.S. Bankruptcy courts in the eastern and northern districts of Texas, The Law Offices of John F. Williams, Jr. offer unmatched experience in bankruptcy law and other legal needs. For additional information or to schedule an appointment, give John F. Williams, Jr. a call at 972-527-4500 or visit us online.
Plano TX Law Firm Offers Bankruptcy Protection
When it comes to your bankruptcy concerns, we can offer you assistance and a fresh start. Our firm offers complimentary bankruptcy consultations with our experienced attorneys, so you can know all of your options before moving forward. We can offer our expert advice and counsel for your current situation, taking into account all factors that come into play.
If you decide that you do need to file for bankruptcy, our experience can assist you in this area. We have dealt with thousands of cases of Chapter 7 and Chapter 13 bankruptcy, and can utilize this vast experience to your advantage, providing you proper protection from creditor calls and collection efforts.
When dealing with debt, you are also dealing with possible foreclosures, repossessions, and lawsuits. Our veteran attorneys can put a stop to these worrisome issues today, by creating an Automatic Stay immediately upon bankruptcy filing. This protects you from creditor’s collection efforts, including harassing telephone calls and repossession efforts. Immediately upon filing, the credit company must cease all collection efforts.
Bankruptcy is no place an individual wants to find themselves. Yet if you do find yourself in this situation, we can help you through it. With any comments, questions, or to schedule a free bankruptcy consultation today, give us a call at 972-527-4500 or visit us online today.
Posted in Bankruptcy, Bankruptcy Consultation, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Plano TX Law Firm, Plano TX Law Offices | Tags: bankruptcy, bankruptcy consultation, bankruptcy protection, chapter 13 bankruptcy, chapter 7 bankruptcy, file for bankruptcy, foreclosures, law offices in plano, lawsuits, plano, plano bankruptcy, plano tx attorney, repossessions, texas, tx | Comments Closed