Understanding Chapter 7 Bankruptcy with the Law Offices of John F. Williams, Jr.
November 28, 2011 | 
Author Bankruptcy is often a confusing process, and is not one to go through alone. The recession has caused filings for Chapter 7 bankruptcy to increase, and our Frisco TX bankruptcy attorneys with the Law Offices of John F. Williams, Jr. can be by your side through the process every step of the way. With our expert attorneys on your side, you can rest assured your financial needs are in the best hands possible.
When contemplating declaring bankruptcy, you can feel you are out of financial options. Chapter 7 bankruptcy is a suitable option for when you find yourself in debt and unable to pay your creditors, and we can help you decide the best course of action for you. Chapter 7 can provide you with the fresh start you so need in order to step away from all your previous debts, and we can help you get there. When filing for Chapter 7, your creditors are forced to cease contact with you, meaning the harassing phone calls stop and you can rest easy once again. In order to qualify for Chapter 7, you must take the CMI Means Test, which determines if your financial situation makes you eligible. Our expert bankruptcy attorneys can help you through this.
For all your bankruptcy needs, the Law Offices of John F. Williams, Jr. are here to help. For additional information regarding Chapter 7 bankruptcy in Frisco and the surrounding area, give us a call at 972-527-4500 or contact us online today.
Stopping Creditor Collection with the Law Offices of John F. Williams, Jr.
When filing for bankruptcy, one of many people’s main goals is to get creditor collection calls to stop. These calls and debt collection efforts can oftentimes borderline on harassment, and it is essential you employ aggressive and reliable legal representation to fight off these offenders. The Plano TX bankruptcy lawyers with the Law Offices of John F. Williams, Jr. can provide this service for you. A recent press release on the matter states:
Bankruptcy can often be a confusing and intimidating process. By relying on a reputable bankruptcy lawyer, it doesn’t have to be. The bankruptcy attorneys with the Law Offices of John F. Williams, Jr. can stop the creditor phone calls and constant harassment from debt collectors. Under the bankruptcy protection provided by a skilled and knowledgeable bankruptcy attorney, all creditor and debt collector activity will be referred to the law firm, meaning you won’t have to worry about your daily life being constantly interrupted. By seeking Chapter 7 or Chapter 13 bankruptcy protection from the Plano TX bankruptcy attorneys, the needs and rights of you and your family will be protected.
For all your bankruptcy needs in Plano and the surrounding area, the Law Offices of John F. Williams, Jr. are here to help. For additional information regarding putting a stop to creditor collection, give us a call at 972-527-4500 or contact us online today.
Posted in Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Collection, Plano TX Law Firm | 
Tags: bankruptcy, bankruptcy protection, chapter 13 bankruptcy, chapter 7 bankruptcy, creditor collection, creditors, debt, debt collection, law offices in plano, plano, plano bankruptcy, plano tx attorney, texas, tx, u.s. bankruptcy court | 
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Bankruptcy Debt Information from Your Frisco TX Bankruptcy Attorney
John F. Williams, Jr., your Frisco TX bankruptcy attorney, is the premier choice for bankruptcy filing in Frisco and surrounding areas. Debtors face an uphill battle when filing for bankruptcy and understanding all of your options is important before you file in court. Bankruptcy can’t solve all the problems you face or get rid of all your debts. However, it is often the best choice for those facing a large debt. The National Association of Consumer Bankruptcy Attorneys (NACBA) has some bankruptcy debt information regarding what bankruptcy can do you for your debts on their website:
Types of debts
Whether bankruptcy is the right choice depends in large part on the type of debt you have. There are two main types of debts: secured and unsecured. Bankruptcy will discharge most unsecured debts, but not secured debts. It is important to know the difference between the types.The problems bankruptcy will remedy
Bankruptcy won’t get rid of all debts, but it will remedy many common problems including credit cards and utility bills, and wage garnishments. Other debts, such as mortgages and car loans, can be paid down through a Chapter 13 bankruptcy.The debts bankruptcy will not eliminate
Some debts cannot be discharged through bankruptcy. These include alimony and child support, student loans and taxes as well as debts incurred through fraud.
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.
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.
Understanding Wills and Trusts in Plano TX
For those with little assets and no heirs, a last will and testament should cover all your needs. With this estate plan, you should include the following documents: last will and testament, advance medical directive, health care and power of attorney, durable power of attorney, and an HIPAA release. Our legal experts can better explain these documents to you, as this process can be confusing for those who have never gone through it before. We can ensure that your plan is the best fit for you and covers all your concerns.
For those with high net worth, or own a property or business, a living trust may be the best bet. This estate plan is more advanced than that of a simple will and testament. With this plan, you should include the following documents: living will, pour over will, advanced directive, health care power of attorney, durable power of attorney, and an HIPAA release. As always, we can explain what these documents mean and the importance of them, ensuring your family is fully protected.
For additional information regarding your will and living trust, or to schedule an appointment today, give us a call at 972-527-4500 or visit us online.
Posted in Durable Power of Attorney, Last Will and Testament, Living Will, Plano TX Law Firm, Plano TX Law Offices, Power of Attorney, Will and Trusts | Tags: durable power of attorney, last will and testament, law offices in plano, plano, plano tx attorney, plano will and trust, power of attorney, texas, trusts, tx, wills | No Comments »
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