Austin Bankruptcy Attorney:
The Fears Nachawati Law Firm, with five offices throughout Texas, provides essential debt relief solutions to those who wish to reclaim their financial freedom. As one of the premier bankruptcy law firms in the state, Fears Nachawati has been featured in The Wall Street Journal, CNN, Forbes Magazine, The Huffington Post, CBS News and elsewhere. This young, vital law firm is growing rapidly for one reason – they help individuals just like you get out of debt. As bankruptcy attorneys, they are intimately familiar with the United States bankruptcy laws and the Texas laws that provide relief for debtors. Fears Nachawati offers a free consultation to discuss your case and to review your legal options. To schedule your appointment, call the Austin Fears Nachawati Law Office at 866-259-3002.
When a debtor files for a Chapter 7 bankruptcy, an automatic stay instantly takes effect. This immediately stops creditors from contacting you for debt collection. It halts, or stays, lawsuits, foreclosure sales, repossession efforts and other legal actions. In a Chapter 7 bankruptcy most unsecured debts can be discharged by the court. This list includes, but is not limited to, medical debt, credit card debt, payday loan debt and personal loans.
Chapter 13 bankruptcy allows debtors to repay their debts over a period of three to five years. This form of bankruptcy is ideal for those who have a regular income and who wish to rise out of debt. At the end of the bankruptcy period, all remaining unsecured debt is normally eradicated by the court. Ask your attorney to discuss this viable option with you.
Credit card debt is unsecured debt and can be dischargeable in a Chapter 7 bankruptcy. Within the short period of four to six months, all unsecured debts can be discharged.
If you are facing foreclosure, there are legal options available to prevent you from losing your home. In a Chapter 13 bankruptcy, your debts may be repaid over a period of three to five years. Immediately upon filing a Chapter 13 bankruptcy, the automatic stay will go into effect and halt all foreclosure proceedings.
Unsecured debt, such as medical debt and credit card debt, can be eradicated with a Chapter 7 bankruptcy. In four to six months, you will be free from this debt. Additionally, the moment you file for bankruptcy, creditors are legally prohibited from contacting you. Debt collection efforts must stop immediately.
As mentioned above, the moment you file for bankruptcy protection, creditors are legally prohibited from ever contacting you again. This includes phone calls, emails, U.S. mail and of course, personal contact.
Some non-priority tax debts can be discharged through bankruptcy. Ask your attorney for details.
Payday loan debt is unsecured debt and can be discharged in a Chapter 7 bankruptcy.
The Fears Nachawati Law Firm offers a free consultation to those who wish to get out of debt. You will have the opportunity to meet with an experienced Texas bankruptcy lawyer who will assess your case and explain the legal options that are available to you. This case review is free and there are no strings attached. To schedule your free case review, call the Fears Nachawati Law Office in Austin at 866-259-3002.