Bankruptcy Representation to Individuals

Cost is a very important factor when you are looking into bankruptcy. The fees that we charge from our clients is comparable to all other law firms in the area and our payment plans are very affordable as well. You can further get to know about our attorney fees and court costs of bankruptcy, when you contact at our office. You can consult the lawyers for free and during this consultation, the lawyer will go over the details of your case. He will also let you know what it will cost you to file a bankruptcy case, which will include the attorney fees and total court cost.

Some of the law agencies in the area offer flat rate fee for filing bankruptcy. This is where they are misleading their clients. You must ask those law agencies whether they are including attorney fees and court cost when they offer you flat rate fee for bankruptcy. You should also ask these law firms, what happens if your bankruptcy case turns out to be more complex as compared to standard bankruptcy cases.

If the debt is a problem you are facing then one option for you to sort out this matter is to file a bankruptcy. Our bankruptcy lawyer San Antonio can stop car repossession, lawsuits and home foreclosure for you. If you are looking to file for bankruptcy then you can contact our bankruptcy lawyer San Antonio to help you answer your queries.

Reasons for military personnel bankruptcy?

The general reasons for military personal considering bankruptcy lawyer San Antonio are:

  • Divorce
  • Disability
  • Death of Spouse
  • Loss of Income

Keeping this in mind our forefathers established The U.S Bankruptcy code which aims to understands that such unfortunate and tragic events will cause a good citizen to start with a fresh beginning.

Ever-Lasting Debts

There is no doubt that filing for bankruptcy can definitely be a right decision to take in most of the cases. However, it is completely a myth that all your debts and obligation will vanish away. There are certain cases when your debt will not be discharged when you are filing for bankruptcy. Some of them are:

  • Child support.
  • Student loans.
  • Real estate.
  • Luxury items.

Before the completion of the bankruptcy process, you will also need to attend the meeting of creditors. The mortgagees will have one last opportunity to dispute the discharge of any liability that you still owe them.

Difference between Chapter 7 and Chapter 13 Bankruptcy

CHAPTER 7:

                This type of bankruptcy is a liquidation type of bankruptcy in which you discharge almost all of your debts. Although when you are going through the process you are allowed to keep some of your assets. But you may need to non-exempt assets.

CHAPTER 13:

On the other hand chapter 13 bankruptcy is the type of reorganization that requires creating a payment plan to pay back your mortgagees over a specified period of time. This is a long-term process and can take over 3 to 5 years for completion. This is the best-suited option for the individuals with a regular income and for those who have the ability to make monthly payments.