Georgetown Chapter 7 Bankruptcy Lawyer

Chapter 7 bankruptcy can be a good option for people who have a lot of unsecured debt. This type of debt includes high credit card balances and medical bills. At the end of a Chapter 7 bankruptcy, you will receive a discharge of most, if not all, of your debt. An experienced Georgetown Chapter 7 attorney can help you understand the process and let you know if you qualify and if bankruptcy is right for you.

Texas Debt Relief Attorney

Several important considerations should be addressed before filing for Chapter 7, such as when to file, dischargeable versus nondischargeable debt, stopping foreclosure and other matters. At the offices of Lee Norton Bain, Attorney at Law, I will take the time to answer all of your questions and explain what you can do to gain the maximum benefit from your bankruptcy filing. Contact my law firm by e-mail or call 512-686-4293 for a free consultation.

What You Should Know About Chapter 7 Bankruptcy

Sometimes referred to as a "straight" bankruptcy, Chapter 7 is quite different from Chapter 13 bankruptcy. In Chapter 7, nonexempt property can be sold at auction and the money used to repay your creditors. In Chapter 13, you work out a payment plan with the Chapter 13 trustee and the court, and repay your debt or a portion of it over a three- to five-year period. The advantage of Chapter 7 is that the process is much shorter, usually no longer than four months, so you obtain the discharge much more quickly. Bankruptcy also allows you to:

Keep Your Critical and Sentimental Property

Many people wrongly assume that, by filing for Chapter 7 bankruptcy, they will lose everything they own. The government allows you to keep certain essential property, including your home, car, household goods and other items. The rules for what you get to keep differ greatly between applicable state and federal law. I will review your case and make a recommendation that fits best with your situation.

Call for a Free Consultation With a Georgetown Bankruptcy Lawyer

Contact my Chapter 7 law office today to discuss your bankruptcy questions. I offer a free 30-minute consultation without obligation. You can reach me by phone at 512-686-4293 or 800-806-0754. You may also reach me via e-mail.

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.