South Texas Bankruptcy Lawyer

Benefits of Filing for Bankruptcy

There is nothing easy about bankruptcy, and sadly, due to this it is often is avoided at all costs. Thanks to the many myths that surround bankruptcy, people often shy away from it, assuming that it will not only ruin their debt for a minimum of ten years, but that they will lose everything they own if they attempt to pursue it. These are, however, just myths and should be disregarded as such. While bankruptcy is not a mild solution or something that should be made flippantly, it is by no means the end of your life. In many situations, with the right legal guidance, you can begin to rebuild your credit almost immediately, and by working your way up slowly, can get it back to its previous state once more. Also, despite what popular belief would have you think, there are often ways to keep almost, if not all, of your assets when filing for divorce.

Still, when considering filing for divorce, it is imperative that you get the legal support of an experienced South Texas bankruptcy lawyer. It is likely that you will have questions, and bankruptcy is not something you should enter blindly without being well-aware and educated in all the legal issues you will be facing. In an initial case consultation, you can get your concerns addressed, whether your questions are about qualification, the bankruptcy timeline, bankruptcy benefits, life after bankruptcy or even alternatives to bankruptcy. Once you are informed, you can move forward, and take the steps necessary to set your life back on track once more.

You can learn more about bankruptcy in South Texas by reviewing the wealth of information on this site, which can be found by clicking on any of the specific topics listed to the left, or by calling our firm to speak with a legal professional about your particular concerns. We have also highlighted a few key topics below:

Bankruptcy Exemptions
When a debtor files under Chapter 7 of the Bankruptcy Code, this does not automatically mean that the debtor will lose all of his or her assets and property. Bankruptcy exemptions, whether under state or federal law, protect specific types of property, to a certain value. This may include a specific amount of equity in one's family home, personal property, clothing, furniture, and more. Read more about bankruptcy exemptions…

Types of Debt Eliminated
Bankruptcy generally only addresses unsecured debt. This may include credit cards, personal loans, medical bills, dental bills and other debt that is not secured by collateral. Bankruptcy usually cannot discharge student loans, certain taxes and secured debt. There are exceptions, however, so it is important to talk to an attorney about your particular case. Read more about the types of debt eliminated…

Foreclosure
A homeowner may be at risk of losing his or her home if enough mortgage payments are missed that the borrower defaults on the loan and the bank initiates foreclosure proceedings to take back the property. Bankruptcy may offer a means to halt foreclosure proceedings and can even save a debtor's home entirely. Read more about foreclosure…

Why hire a South Texas bankruptcy attorney?

At the Malaise Law Firm, we understand how confusing the bankruptcy process can appear. We want you to know though: you aren't alone. By working with a skilled bankruptcy lawyer, you can be confident that your best interests are always being kept at heart, and that no matter the situation you are facing or the circumstances surrounding your case, you will be cared for and protected at every possible turn.

Contact a South Texas bankruptcy lawyer if you are currently considering filing for bankruptcy.