Becoming mired in debt is not uncommon during these challenging economic times. Many of us have high credit card balances and may also be behind on car payments or mortgage payments. It only takes one serious illness, accident, or job loss to change an average person’s financial picture and turn it into something grim. If this is happening to you, you may want to learn more about debt management and relief. Talking to a debt relief attorney from the Hixson Law Firm of Arlington, Texas is a great place to start. Our financial experts work with clients who are in debt every day
Chapter 7 bankruptcy is a common type in the state of Texas. This bankruptcy type can be declared by an individual or a business, allowing them to pay back debts to debtors. If a bankruptcy application is accepted in Texas, then the legal status is given as a court order. This helps the individual or business avoid debt collectors and make sure that certain debts are paid back. With the help of Attorney John Hixson from the Hixson Law Firm, you can assure that your financial future is secure.
Specifics of Chapter 7 BankruptcyWith this bankruptcy type, you can