Chapter 7

Fort Worth Chapter 7 Bankruptcy Lawyer

Effective Debt Relief Solutions

Free Consultation: Call (817) 285-8017

Chapter 7 bankruptcy allows individuals to discharge all unsecured debt, essentially wiping their debts clean after liquidating non-exempt assets and paying off all their creditors. It is very important that you speak with a Fort Worth bankruptcy attorney to learn about the benefits and whether or not Chapter 7 bankruptcy is right for you.

Why Choose Our Fort Worth Chapter 7 Bankruptcy Attorneys?

  • 45+ years of collective legal experience
  • We offer flat fees for most cases
  • Useful insights from representing both consumers creditors
  • Free case review to evaluate your debt relief options

At The Pritchard Law Firm, we are known for our experience and professionalism. Although bankruptcy can carry quite a bit of social stigma, it is actually an honest solution. Bankruptcy allows individuals like you push the restart button on their debt and start over financially. We all deserve second chances.

Call (817) 285-8017 to request your free, no-obligation consultation with an attorney.

About Chapter 7 Bankruptcy in Texas

Texas allows for more generous bankruptcy exemption of certain assets, including unlimited homestead exemptions. In some cases, however, it may even benefit you to claim exemptions of a state in which you previously lived. We can go over all the details and let you know what you can expect out of your case.

Filing for Chapter 7 can typically eliminate the following debt:

  • Personal loans
  • Medical bills
  • Credit card debts
  • Lawsuit debts
  • Back taxes (in some cases)

In some cases, there are debts which will not be discharged. This includes exempt property such as child support, criminal fines, court fees, restitution, alimony payments, student loans, and certain back taxes. Each state has its own exempt and non-exempt classifications, so it is important to have an attorney explain the differences to you before you file for bankruptcy.

Call (817) 285-8017 to set up your free initial consultation.

Handling Creditor Harassment

Creditor harassment is very common for debtors. But when you file for bankruptcy, creditors are prohibited from contacting you about debt collection.

Here are some helpful tips on dealing with creditors:

  • If you have not filed for bankruptcy yet and a creditor is calling you, retain an attorney. Then let the creditors know that you have retained an attorney and have them contact your bankruptcy attorney.
  • Do not use any credit cards if you intend to file for bankruptcy. Creditors may accuse you of fraud and file a complaint that alleges you intend to not repay these recent debts.
  • If a creditor is trying to collect debt even after you retained a bankruptcy attorney, you may be able to pursue damages as a result of the violation of the Federal Fair Debt Collection Practices Act.

After you file for bankruptcy, the Court will mail a “341 Notice” to your creditors. At this point, creditors are no longer allowed to contact you to collect debt. If they do, then advise them of the 341 notice, make a record of each attempt to contact you, and talk to an attorney about how to protect your rights.

Can I Keep My Property After Filing for Chapter 7?

If you are concerned about what property you can keep when you file for Chapter 7 bankruptcy, you should know that most personal items will be exempt. Approximately 90% of individuals who file for bankruptcy are able to keep all of their personal property. Properties that are exempt under Chapter 7 include pensions, social security, 401k, unemployment compensation, damages (for a personal injury case), household goods and appliances, automobiles, equity in your home, and jewelry and clothing.

To learn more about Chapter 7 bankruptcy and whether it is right for you, please call our office at (817) 285-8017!

The Right Law Firm to Fight for You