Bankruptcy Lawyer Arlington, TX
Working with a bankruptcy lawyer Arlington, TX residents trust can help to give you the peace of mind that comes with making an informed decision about your future. The experienced Texas legal team at The Allmand Law Firm, PLLC takes great pride in helping to ensure that our clients know why bankruptcy either is or is not the best possible debt relief option available to them uniquely. After all, filing for bankruptcy isn’t the right choice for everyone or for every situation. However, there are excellent reasons why hundreds of thousands of Americans file for personal bankruptcy every year. When bankruptcy is the best option available for a family’s financial circumstances, it can provide the opportunity for a truly fresh financial start in ways that other debt management options can’t.
With that said, know that our Arlington, TX bankruptcy lawyer team will never pressure you into filing for bankruptcy. It is precisely because filing for bankruptcy is only the best option available under certain circumstances that we take such care to advise our clients of the pros and cons associated with this process. If we feel that your situation is a good fit for bankruptcy, we’ll tell you so and mean what we say. If we feel that your situation could be better served by an alternative debt relief option, we’ll similarly confirm that we make this determination based on our years of experience dealing with clients struggling with all kinds of financial challenges.
The Benefits of Choosing Bankruptcy as a Debt Management Option
If it seems that filing for bankruptcy is a good option for you and your family, you’ll be able to benefit from this process in several ways. First, filing a bankruptcy petition triggers the “automatic stay.” When this protection kicks in, creditors are barred from filing legal action or demanding overdue payments until your bankruptcy case has been resolved. This feature allows you time to work through the bankruptcy process without creditors breathing down your neck.
Additionally, if you file for Chapter 7 bankruptcy successfully, your eligible debts will be eliminated in as few as 90 days. If you file for Chapter 13 bankruptcy, your debt will be restructured so that repayment becomes manageable. If, after a few years of making your payments on time, any eligible debt remains outstanding, the remaining balance will be eliminated as well.
Legal Assistance Is Available
If you are unsure of whether or not you want to file for bankruptcy, that’s okay. Scheduling a consultation with our legal team doesn’t obligate you to take any action at all. A confidential, no-risk consultation and case evaluation simply allows us to get to know your situation and allows you to ask questions. Again, if we feel like you might benefit from filing for bankruptcy, we’ll tell you. But if your situation could be better served in a different way, we’ll be straight with you about that. You have nothing to lose and potential peace of mind to gain from scheduling a consultation with our team. Please call us today to request a consultation with an Arlington, TX bankruptcy lawyer at Allmand Law Firm, PLLC; we look forward to meeting with you.