Finding a Dallas Texas Bankruptcy Attorney
Bankruptcy is a way for individuals and businessess with severe financial problems to make a fresh start.
The decision to file bankruptcy is not one to make lightly. Before seeking a Dallas Texas Bankruptcy attorney, it is a good idea to first understand the different types of bankruptcy and what each type entails.
Chapter 7 Bankruptcy
Filing a chapter 7 bankruptcy wipes out all eligible debts, usually within four months time. These debts do not need to be repaid. The Dallas Texas Bankruptcy Attorney that you choose can go over all the details involved in filing Chapter 7 bankruptcy.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy allows you to repay your debts over a few years time. Chapter 13 bankruptcy is a good choice for people who have a sincere desire to repay their debts. Also, Chapter 13 is a choice for those who have already filed Chapter 7 bankruptcy within the past seven years and are not eligible to file Chapter 7 again. Your Dallas Texas Bankrupcy Attorney can fill you in on all the details of filing Chapter 13 bankruptcy.
Finding a Dallas Texas Bankruptcy Attorney
You will want an attorney that you feel comfortable with. There is no shortage of bankruptcy attorneys in the Dallas, Texas area. However, it is a good idea to ask for word of mouth from friends and colleagues before jumping into a binding contract with an attorney. The yellow pages and Internet are good places to start when seeking an attorney to help you file for bankruptcy.