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 Bankruptcy
With this bankruptcy type, you can
Running a business involves interacting with clients and those who supply, serve, and maintain the business. This includes employees and owners of office rental property, among others. The laws that regulate businesses and these related interactions can be complex, requiring a professional to interpret and apply them. The Hixson Law Firm of Arlington, Texas has over twenty years of experience dealing with various legal and financial matters that pertain to businesses. Our expert legal staff will help you with any issues that arise in the course of running your business.
When You Need a Business Law Attorney
There are many occasions in
Your business began with a dream of yours that you’ve worked hard to build. But when things don’t always go as well as expected, and you might find yourself in financial trouble. If you own a business that is in financial distress, you may be wondering if there’s a way to save it and begin anew, or whether it’s time to call it quits. Either way, you can benefit from the expertise of a bankruptcy law firm, like the Hixson Law Firm of Arlington, Texas. With over 20 years of experience working with bankruptcy cases, our professional legal staff will
Receiving a notice of default of payment for your mortgage is a red alert that you’re on the way to facing foreclosure on your home. This notice gives you a deadline by which you must make your payment, or the lender can begin the foreclosure process. If you’re in danger of having your mortgage lender foreclose on your home, you need to learn about the available options to stop foreclosure. A bankruptcy attorney from the Hixson Law Firm of Arlington, Texas can inform you of the various ways to prevent foreclosure, helping you keep the home you love.Options for Stopping Foreclosure
In today’s tough economy, it’s easy to get into financial trouble – even when working more than one job to make ends meet. When debts pile up so high that there’s no longer any hope of repaying them all, sometimes bankruptcy is the only option. Although it can hurt your credit, it may provide a way to start over, and credit can be rebuilt.
If you want to learn more about affordable bankruptcy, the smart thing to do is to consult with a Texas bankruptcy lawyer. The expert legal staff at the Hixson Law Firm of Arlington, Texas will answer any questions
There is no shortage of attorneys and law firms who can offer to assist you with the processes and details of filing bankruptcy. With so many choices, you need to set certain criteria to help you narrow your choices down before making a final decision. Here are some suggestions to get you started.Hire a true bankruptcy expert
While most any attorney can handle a bankruptcy, you will gain an added edge by hiring an attorney or law firm that has regular experience in bankruptcy cases. You should ask what percentage of a lawyer’s practice is dedicated to bankruptcies and
If you fall behind on the payments for your car, the lender has the right to repossess your vehicle. Worse yet, the lender can also go after you for any loan deficiency, meaning that you’ll be stuck without a vehicle and could be facing an additional debt of hundreds or thousands of dollars.You have options to stop repossession
Laws will vary from state to state, but missing a single car payment does not automatically mean you are in default on your loan. Usually, your loan agreement will tell you when you are in default as part of your loan
Declaring personal bankruptcy is one of the biggest decisions you may ever make in your personal financial life, so it makes sense to consider all of the issues and factors that you’ll be facing if you decide to move forward. Here are some things to think about before you make a final determination:
Chapter 7 or Chapter 13? Depending on your personal situation, level of debt, income and other factors, you may only qualify for one type of bankruptcy. Chapter 7 is for people with few assets, and little income. It will wipe out many of your debts in 3
When you’re faced with the prospect of bankruptcy, the last thing you want to do is face addition burdensome costs when it comes to legal fees. The good news is that with some negotiating and pre-planning on your part, a bankruptcy can be more affordable than you might first suspect.Which type of bankruptcy you file will have an impact on when you must pay attorney fees
When filing for a Chapter 7 bankruptcy, your attorney will most likely require that you pay your fees in full prior to filing a case. This is because to qualify for a Chapter
Nobody enters into the purchase of a home expecting that they will have trouble meeting their mortgage obligations. However, sometimes life overtakes us with a series of unfortunate events, whether it’s a job loss, illness, divorce or any other number of incidents that undermine our financial security.
Falling behind on your mortgage payments for several months can put your homeownership in jeopardy, leading to a foreclosure process that could result in the loss of your home. Fortunately, there are several strategies that can be employed to stop the foreclosure process. Some can be accomplished on your own, and others with