Bankruptcy Attorneys in San Antonio

“Feel no guilt, nor shame. Life Happens. You deserve a fresh start. You deserve to wipe the slate clean. We can help. Jeff’s got your back.” We can stop:

• Foreclosures/Save Your Home
• Creditor/Bill Collectors
• IRS Tax Levy/Liens/ Wage Garnishment
• Lawsuits/Judgments
• Repossession of Vehicles
• Payday Loans

Most people honestly want to pay their bills. Sometimes circumstances make it impossible. Bankruptcy is a legal right that is provided for in the United States Constitution to protect people who are unable to pay their bills from harassment, lawsuits, wage garnishment and other creditor actions. The same laws that are routinely used by corporate America can protect individuals and families. Bankruptcy is about starting over and getting a fresh start. You will take back control of your financial future. Do not feel shame for considering bankruptcy. In today’s economy, many people, from all walks of life, are in your situation. We have clients who earned over $100,000.00 last year and live in homes worth over half-million dollars. Then again, we have an 18-year old who started out life with $35,000.00 in debt (thanks a lot, Master card, Visa and Amex) due to “free” credit cards. WHY YOU SHOULD CHOOSE THE DAVIS LAW FIRM! At the Davis Law Firm, we appreciate and respect the trust that you place in us when you select our firm. At all times we operate in the highest and most ethical manner while providing you the most dedicated personalized representation. Our experience and expertise in Bankruptcy Law is very extensive with over 75 years of combined experience in the field.

OUR TEAM CAN HELP IDENTIFY YOUR PERSONAL DEBT RELIEF OPTIONS AND GET YOUR FINANCIAL FUTURE BACK ON TRACK! CONTACT US NOW FOR YOUR FREE, NO-OBLIGATION CONSULTATION.

Click here to contact our office for a free initial consultation. We are a debt relief agency. National Association of Consumer Bankruptcy Attorneys What is Chapter 13? Chapter 13 is a federal bankruptcy law enacted by Congress to help individuals and small businesses experiencing financial difficulties in repaying their debts, either in full or in part. Chapter 13 allows consolidation of bills with a repayment plan. Usually this lowers the amount you pay on debts into a more manageable monthly payment. A chapter 13 stops collection efforts in most cases and provides relief from law suits, creditor calls, harassment, repossessions, foreclosures and tax levies. What is Chapter 7? Chapter 7 is one of several types of bankruptcy proceedings. It is the classic “straight” bankruptcy generally known as liquidation. Chapter 7 allows an honest debtor to discharge most debts, (that is, not pay them), keep certain assets to which the law has determined the debtor is entitled, and get a financial “fresh start”.

10 BANKRUPTCY QUESTIONS

1. What is Bankruptcy? This is one of the most common bankruptcy questions. There are a number of myths about bankruptcy and as a result many people misunderstand the process of filing for bankruptcy. Essentially, bankruptcy is a type of legal proceeding in which you legally declare that you are not able to pay all of the money that you owe. It grants consumers a fresh financial start while also providing the opportunity to potentially repay creditors in an orderly fashion.
2. What are the Advantages of Bankruptcy? Bankruptcy makes it possible for consumers to stop foreclosure on their home and provides an opportunity to catch up on payments that have been missed. It may also prevent a vehicle or other property from being repossessed. In addition, bankruptcy can stop wage garnishment and harassment by debt collectors. Bankruptcy can also provide a discharge of debts.
3. What Won´t Bankruptcy Do For Me? This is another of the most frequently asked bankruptcy questions and it is important to understand that bankruptcy will not cure all of your financial problems. It is not the right choice for everyone, so it should be understood that bankruptcy will not eliminate certain types of debts, especially those that are secured. Secured types of debt include mortgages and car loans. In addition, bankruptcy will not discharge special treatment debts such as alimony, child support, certain student loans, criminal fines and certain taxes.
4. How Often Can You File For Bankruptcy? It depends on the type of bankruptcy that is filed. You can file for Chapter 7 bankruptcy 8 years after the date of the last time you filed. Chapter 13 bankruptcy can be filed again at any time.
5. What is Chapter 7 Bankruptcy? Ultimately, the goal of this type of bankruptcy is to discharge your debts. In order to wipe out those debts; however, you will need to give up all non-exempt property. Exemptions will need to be applied and it is important to speak with your bankruptcy attorney ahead of time to determine exactly what property is exempt and which is non-exempt before your bankruptcy petition is filed.
6. What is Chapter 13 Bankruptcy? This type of bankruptcy gives you the opportunity to legally create a plan by which you will repay your debt. Under this type of bankruptcy, you will pay into the plan on a regular basis. This type of bankruptcy offers advantages over Chapter 7 by helping you to avoid foreclosure, offering a lower cost than Chapter 7, remaining on your credit for fewer years than Chapter 7 and avoiding the confiscation of and sale of property in order to satisfy debts.
7. Who Should Consider Filing Bankruptcy? Bankruptcy is ideally designed for individuals who feel as though they are overwhelmed by financial problems.
8. Will my Credit be Ruined if I File for Bankruptcy? While your credit will not be completely ruined when filing bankruptcy, it will remain on your credit report for up to ten years. If you have a regular, decent income you will typically find that you can receive credit even after filing for bankruptcy. Most people find they can still purchase an automobile after filing for bankruptcy and can then begin rebuilding their credit from there.
9. What is an Automatic Stay? An automatic stay is a restraint that prevents your creditors from taking any subsequent action to collect debts. The automatic stay is filed immediately after your bankruptcy petition is filed.
10. Will My Employer Know I Filed for Bankruptcy? It should be understood that bankruptcy petitions are public records. Normally; however, your employer will not know you have filed a petition for bankruptcy unless you owe him or her money and they are a creditor. Getting answers to your bankruptcy questions is an excellent way to determine whether filing for bankruptcy may be the right option for you. Submit the online bankruptcy jumpstar form or  come by our office for a free initial consultation.