File for Bankruptcy with Help from a Chapter 7 Lawyer near Houston, TX, and Surrounding Areas
Has debt started to become overwhelming? People may take on debt for many reasons, but after a while, it can start to build to unmanageable proportions. Chapter 7 bankruptcy can help you free yourself from debt and start fresh. The process for filing for Chapter 7 involves submitting paperwork that includes information about your income, expenses, and assets. Our chapter 7 lawyer will guide you through all the steps of filing this type of petition to ensure everything goes smoothly from start to finish. Gilpin Law Firm is here to assist clients near Houston, TX, with this type of bankruptcy.
What Is Chapter 7 Bankruptcy?
Learn More by Speaking to a Chapter 7 Lawyer
Chapter 7 bankruptcy is one of the most well-known types of bankruptcy. It is an option available to low-income individuals who wish to clear their debt in a timely fashion.
Filing for chapter 7 bankruptcy will put a temporary hold on your debt. From there, you will be required to liquidate some of your unsecured assets. The money obtained from liquidating these assets will, in turn, be used to pay off your creditors. Once this money is distributed, most of your debt will be forgiven—though it should be noted that some debts (like student loans) cannot be gotten rid of through bankruptcy. The chapter 7 bankruptcy process is relatively quick; by filing, you can be debt-free in just a few months.
Receive Help from a Qualified Chapter 7 Attorney
Call for a Free Consultation
Navigating the chapter 7 bankruptcy process can be somewhat intimidating, so it can be beneficial to work with an attorney. If you’re searching for a chapter 7 lawyer near Houston, TX, then consider contacting Gilpin Law Firm. Backed by over 15 years of legal experience, we can provide you with knowledgeable advice and guidance. We’ll help you determine if you’re eligible for chapter 7 bankruptcy, help you figure out what assets are unsecured, and assist with the filing process. If you’d like to learn more—or want to get a free consultation—then consider calling us today.