Filing for Chapter 7 Bankruptcy

Bankruptcy Lawyer Serving Dallas, Fort Worth, & the Mid Cities

If you are contemplating filing bankruptcy, we can answer all your questions, including:

  • What type of bankruptcy is best for me to file?
  • What is Chapter 7 bankruptcy?
  • Do I qualify to file Chapter 7 bankruptcy?
  • How will my life change after bankruptcy?
  • What is the first step?

We can answer all of these questions for you and more at Allmand Law Firm, PLLC. Our team of experienced and knowledgeable consumer bankruptcy lawyers is here to help you through this process. First, let's answer the most obvious question: What is Chapter 7 bankruptcy?

Understanding Liquidation Bankruptcy

When most people think about bankruptcy, they are probably thinking about Chapter 7 bankruptcy. Also called "straight bankruptcy" or "liquidation bankruptcy," Chapter 7 bankruptcy allows the filer to discharge most if not all of his or her unsecured debt.

Examples of unsecured debt include, but are not limited to:

  • Credit card debt
  • Unpaid utility bills
  • Medical expenses
  • Some back taxes
  • Wage garnishments
  • Auto repossession

Do I qualify for Chapter 7 bankruptcy?

Not everyone is qualified for Chapter 7 bankruptcy. A "means test" was introduced in order to ensure that those capable of paying back what they owe do so under the right bankruptcy chapter. The means test examines the applicant's disposable income and measures his or her income against the median household income in the area. Speak with a Dallas / Fort Worth bankruptcy lawyer from our firm to find out more. Our firm is led by Attorney Reed Allmand who is certified in Consumer Bankruptcy by the Texas Board of Legal Specialization.

Free Consultations with Dallas Bankruptcy Attorneys

Call our team to learn more about the services we provide. Meet with us and take the first step in discovering whether or not filing Chapter 7 bankruptcy is the right course of action for you.

Your first consultation is free, so call us at (214) 238-9608 as soon as possible.