At The Carlson Law Firm, our Texas bankruptcy attorneys are passionate about helping individuals and businesses find relief from debt, in order to move towards a brighter financial future. By analyzing your unique situation, our team can help you understand your available options and will advise you on what we can do to help.
Chapter 7 bankruptcy does not require a repayment plan to be established. Instead, the debtor is assigned a trustee who is in charge of gathering all non-exempt assets and selling them. The profits from this sale will then be evenly distributed to the various creditors. This process will be accomplished according to the United States Courts Bankruptcy Code.
Chapter 13 bankruptcy establishes a payment plan for paying off debts. Chapter 13 bankruptcy may allow you to halt foreclosure and car repossession. The creditor can establish a plan that allows them to pay back secured and unsecured debts
It is understandably difficult to deal with the loss of a loved one while also bearing the burden of reviewing their assets and administering the estate. Consulting with the caring and experienced Texas Probate Attorneys at The Carlson Law Firm to discuss the handling of your family member’s estate can be a relief during your time of bereavement.
There may come a time in your life when you need someone else to be able to legally act on your behalf. You may become incapacitated and need someone to make medical decisions on your behalf, or you may be out of the country and need someone to handle your affairs while you are away and unable to do so yourself.