Beaumont Bankruptcy Attorney: Helping Debt-Ridden Individuals for Two Decades
One of the most common forms of debt relief is Chapter 7 bankruptcy. This
form of liquidation cancels most—if not all—of your debts,
allowing you to hit the reset button on your financial situation. However,
not everyone qualifies for this form of bankruptcy. If you have filed
for bankruptcy in the last six to eight years, you are not an eligible
candidate for Chapter 7 bankruptcy. To qualify, you must also be able
to prove that you do not have the financial means to repay creditors through a
Chapter 13 payment plan. How do you prove this? By taking a "means test,"
which compares your income to that of the state's median income.
When filing for Chapter 7, you must disclose the following information:
- Your debts
- Your current income
- Your current living expenses
- A list of the money spent or property owned during the last two years
- A list of exempt property, such as furniture, clothing, and home equity
I, Steven Packard, Attorney at Law, have been
practicing bankruptcy law for
years. My extensive, solid insight regarding this specific area of the law could
prove to be invaluable in your case. I have helped countless individuals
successfully petition for bankruptcy throughout Beaumont, TX and I am
confident in my abilities to help you next.
Once I determine that you are eligible for Chapter 7 bankruptcy, I will
help you prepare all the necessary paperwork and follow the appropriate
filing procedures. I am committed to keeping you updated throughout the
whole process so you never feel in the dark about the progress of your
case. This is the kind of dedicated attention you can expect from my firm
every step of the way.
Not sure if you qualify for Chapter 7 bankruptcy?
Let me review the details of your case during a