Bankruptcy Protection Lawyer in Austin, TX
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Bankruptcy Protection Lawyer in Austin, TX
You were already stressed when you started having trouble paying your bills. Now, you’re dealing with collection calls and worry about ending up in court. That makes the stress even worse. If you can’t keep up with the minimum payments and want a clean slate, you can file for bankruptcy protection. Learn more about filing for chapter 7 or chapter 13 bankruptcy. Then, you can move forward by consulting with an Austin, TX, bankruptcy protection lawyer.
What You Need to File for Bankruptcy in Austin, TX
Gathering the appropriate documents is the first step in filing for bankruptcy. Get the documents you need and bring them to your bankruptcy protection lawyer in Austin, TX. These documents include:
What You Need to Know About Filing for Chapter 7 Bankruptcy in Austin, TX
If you don’t have the means to repay your debts, chapter 7 bankruptcy might be the right option. This is a liquidation bankruptcy, meaning that your non-exempt assets get liquidated by a trustee. Your creditors receive the money from the sale, and then your debts are discharged within three to five months. You have to pass a means test before you can seek chapter 7 bankruptcy protection. This test shows that you don’t have the financial means to repay the debt. Your Austin, TX, bankruptcy protection attorney will see if you pass the means test, and if you don’t, you can consider chapter 13 bankruptcy.
What You Need to Know About Filing for Chapter 13 Bankruptcy in Austin, TX
If you want to keep your assets, consider filing for chapter 13 bankruptcy. Unlike liquidation bankruptcy, you can keep your property as long as you stick to the repayment plan. Your Austin, TX bankruptcy lawyer will negotiate a repayment plan that you can afford. The plan will last for three to five years and might include full or partial repayment of your debt. You can also use chapter 13 to prevent foreclosure or repossession of your personal property.
How Does Bankruptcy Impact Credit?
While bankruptcy can give you a fresh start regarding your unsecured debt, it does harm your credit score. A bankruptcy filing can stay on your report for up to a decade, meaning lenders can view it when deciding if you’re worthy of credit. Fortunately, you can begin to rebuild your credit, even when you have a bankruptcy on your report. Many people start improving their credit right after filing and continue to see improvements over the years.
Contact Our Bankruptcy Protection Lawyer in Austin, TX
Filing for bankruptcy is a complex process, so don’t try to do it yourself. Instead, hire an Austin, TX, bankruptcy protection lawyer from the Ciment Law Firm. Schedule your consultation by calling 866-284-9703.
Necesita Un Abogado De Deuda Y Bancarrota En Texas
Háganos una pregunta,
cuéntenos su situación,
o programe una llamada con nosotros
Obtenga la mejor defensa para su caso
Usted merece trabajar con un representante con el que pueda contar para hacer todo lo que esté a su alcance para ganar su caso. Programe una sesión de estrategia con nuestro bufete hoy mismo y construya el camino que desea.
¿Por qué elegir a Ciment Law Firm?
- Consulta gratuita – Averigüe qué opción de solución de deuda es la mejor para usted en una consulta gratuita.
- Reseñas positivas – Nuestro bufete tiene numerosas reseñas positivas en Google, Avvo y en otras páginas.
- Opciones para todas sus necesidades – Desde protección contra bancarrota hasta liberación de gravamen por fallo y asistencia en préstamos estudiantiles, nuestro bufete ofrece amplias opciones para resolver sus deudas.
- Experiencia en ambos lados del campo – Daniel Ciment comenzó su carrera en un bufete de abogados de cobranza de deudas y ahora protege a los deudores. Su experiencia en ambos lados del campo le permite encontrar soluciones para los clientes.
- Compasivo y transparente – Paciente y conocedor, el equipo está disponible para responder a cualquier pregunta y explicar cada parte del proceso, para que así los clientes puedan alcanzar el resultado que desean.
- Seis oficinas en diferentes ubicaciones – Programe su cita en una oficina en Katy.
Clientes reales, testimonios reales
Cloud Title On Homestead
You must have a clear title when refinancing or selling a home, which is why an abstract of judgment is problematic. The judgment lien creates a title defect or a cloud on the title. This means that there is an unresolved issue that must be addressed before making any real estate transactions. Title companies enforce the lien as a way to protect themselves in case the home isn’t eligible for homestead exemption because it’s not your primary residence. If a title company allows the transaction to proceed and the property isn’t your homestead, it has to pay the judgment. Fortunately, a Texas judgment lien release lawyer can remedy this issue.
Programar una revisión del caso
Getting A Full Release
In some instances, you have to get a full judgment lien release. This completely releases the judgment, so it isn’t attached to you or your property. There are normally two options for obtaining a full release. First, you can pay the judgment in full. If you don’t have the means to do that, your Texas judgment lien release attorney might be able to negotiate a settlement. If the creditor accepts the settlement, you will receive a full release once it’s paid. Without taking action, the judgment will remain valid for 10 years. It’s important to contact a judgment lien release attorney to go over your options if you need a full release.
Proof Of Homestead
Judgment creditors often require proof of homestead before signing a partial lien release. Your Texas judgment lien release attorney will help you provide the necessary documents. You might need to submit an affidavit that states that the property is your homestead. The creditor also might require a tax certificate that proves you’ve filed for homestead exemption. In addition, the creditor might ask for affidavits from others that state that the property is your homestead, and you live there. In some cases, the creditor can even require the escrow agent to examine the property to ensure it’s your homestead. Due to the complexity of proving homestead, it’s a good idea to get help from a Texas judgment lien release attorney.