Dallas Chapter 7 Bankruptcy Attorneys
Chapter 7 bankruptcy is also known as liquidation, but it
does not mean you have to give up everything you own. Most of our clients are
able to keep their assets — their home, vehicles, retirement money, personal
property — under the Illinois bankruptcy exemptions.
Explore Chapter 7 Bankruptcy Today
The law firm of Richard Weaver & Associates has
convenient locations throughout the DFW area, including offices in Dallas, Irving,
Arlington, Plano, Fort Worth, McKinney, Grapevine, Frisco, McKinney,
Carrollton, Garland, and more. Contact us today for a free consultation.
Chapter 7 Bankruptcy · Dallas Debt Relief Lawyers
If you qualify for a Chapter 7 "straight
bankruptcy," you can walk away from unsecured debts such as credit card
balances, medical bills, cash advances and payday loans. It may also be
possible to discharge back taxes and civil judgments. However, some debts and
court-ordered obligations generally are not discharged such as student loans,
child support/alimony, criminal fines or recent taxes. Our attorneys can advise
on which debts you can discharge.
Most of our Chapter 7 clients do not forfeit any assets
because they are covered by the bankruptcy exemptions. You will have to decide
what to do with your secured debts. If you are current and continue making the
payments, you can retain your house or your car. If you surrender the home or vehicle,
you can generally discharge any arrears in your Chapter 7 bankruptcy.
Eligibility for Chapter 7 is determined by a means test. You
might be pushed in Chapter 13 bankruptcy if you earn more than the Illinois
median income. You also might have to pursue a Chapter 13 relief if you have
mortgage arrears or significant assets or equity that is not exempt. Our
attorneys can determine if you qualify and explain the Chapter 7 discharge
process.
The knowledge and skill of your attorney make a difference,
especially if you have complicating factors or strategic decisions. We can
answer all your bankruptcy questions such as whether to file jointly, whether
to file before or after divorce or whether co-signers are liable for your
debts.
Chapter 7 Lawyers Serving Dallas and the Entire DFW Metroplex
We have our dallas bankruptcy lawyer with more than 27 years of experience.
To protect your interests and take full advantage of your Chapter 7 filing,
contact the Dallas bankruptcy lawyers of Richard Weaver & Associates for a
free initial consultation.
You will work with an attorney at every point, not a
secretary or paralegal. We have our main office in Fort Worth as well as 26
satellite offices around the DFW area, making it as convenient as we can, such
as also being able to arrange evening or weekend appointments. Call 214-307-4700
or contact us online.
