Ft. Worth / Denton / Tarrant County Bankruptcy
The decision to file a personal bankruptcy can be emotionally difficult for many individuals. Sometimes these emotions can make it difficult to accurately assess your financial picture. If you are facing a financial dilemma, it is a good idea to consult with someone skilled in evaluating your finances and obtain advice. The answer to a financial problem can vary from reducing spending, to increasing income, to selling assets, and finally to reorganizing or liquidating in bankruptcy.
It is true that desperate people do desperate things. When things get desperate, it is time to consult with an experienced Fort Worth bankruptcy attorney and discover how the bankruptcy process can help you and your family. Bankruptcy is a legal process that is authorized by the Constitution of the United States. Its laws are drafted by Congress and a federal bankruptcy judge oversees your case along with a trustee appointed by the Department of Justice.
One goal of the bankruptcy process is to return the debtor to financial health by relieving the burdens of overwhelming debt. The great majority of debtors never file bankruptcy again and rebuild their financial lives by making good decisions after the bankruptcy discharge. For these people, bankruptcy provides a second chance.
Most people that file for bankruptcy in Fort Worth are victims of circumstance. Some get in over their heads with variable interest rates on their homes. Some lose a job or get sick, fall behind in payments, and then are threatened with foreclosure. Others simply get behind in credit card payments.
Regardless of the reasons for your financial troubles, there is no shame in contemplating bankruptcy. Chapter 7 and Chapter 13 bankruptcies were established to give people like you a second chance.
We Relieve the Stress
At Fears | Nachawati, we are fully devoted to helping people file for bankruptcy and leave their debts behind. Our job is to relieve the stress of debt and the threat of foreclosure to let people get on with their lives. We have made every aspect of our services as client-centered as possible:
Worst Thing About Bankruptcy
The worst thing about filing bankruptcy is agonizing over the decision to file. Many people worry about under-going a grueling investigation concerning their finances, losing everything they own, and having to deal with a very public court proceeding. The truth is that bankruptcy can be the best decision for someone drowning in debt.
Many clients confess that bankruptcy was the best decision was to discharge overwhelming debt. Once the burden of debt has been lifted, you feel better and your financial condition can begin to improve. If you are struggling with debt, speak to an experienced bankruptcy attorney and learn how the federal bankruptcy law can provide you with a fresh start.
Debt Collections in Fort Worth
Regardless of income or class, the average person in Fort Worth has had at least one run-in with a debt collector. The interactions are typically unpleasant at best and downright nasty at worst. Many individuals find themselves dealing with debt collectors despite their best intentions & efforts. Particularly in this time of economic recession and rapid inflation, the cost of living can far exceed money coming in.
Fortunately, in Fort Worth, Texas we have laws that protect consumers. Debtors must follow a specific protocol in order to lawfully collect a debt. All personal debt is covered and the definition for a debt collector is broadly defined. This includes any person who regularly attempts to collect debts owed to themselves or others, including attorneys who represent debt collectors. Debt collectors may contact you during the day, however, they are prohibited from contacting during “inconvenient hours”, i.e. before 8 A.M. and after 9 P.M.
Debt collectors are not allowed to contact outside parties concerning your debt, except for retained counsel. This means that they are not allowed to contact and discuss the money they are attempting to collect with your spouse, parents, siblings or employer. In addition, debt collectors are prohibited from harassing contact, making false statements and a broad array of unfair practices.
In sum, you have rights against debt collections in Fort Worth. Debt collectors who are found in violation of the Texas Debt Collection Act face stiff penalties, including payment of the debtor’s attorney’s fees and actual damages.
Child Support Liens & Enforcement
According to the Texas Family Code, a child support lien consists of all child support due and owing, including accrued interest. This means that both current and back child support must be paid, including any interest before the lien is lifted. Any real or personal property, i.e. real estate, vehicle, recreational property, etc. belonging to the obliging party will have a lien placed on it at this stage. This also includes bank accounts, stocks and bonds and retirement accounts such as an IRA or 401k.
The reach of the lien is comprehensive as the Office of the Attorney General obtains information from financial institutions and other companies that hold real and personal property on a regular basis for child support obligors. A lien is a last resort for this Office. Typically, individuals who owe child support are provided with notice, warned and given an opportunity to catch up on payments before a lien is processed. If you are facing a child support lien, contact a child support collection attorney today to explore your options.
Stop Tax Liens
According to the Internal Revenue Code, "If any person liable to pay any tax neglects or refuses to pay the same after demand, the amount, (including any interest, additional amount, addition to tax, or assessable penalty, together with any costs that may accrue in addition thereto) shall be a lien in favor of the United States upon all property and rights to property, whether real or personal, belonging to such person."
Liens are very serious as the property may be seized by the IRS if proper payment is not made. A IRS & Tax lien attorney may be able to help. Filing for a bankruptcy repayment plan may allow you to restructure all of your debt to make the IRS payments manageable.
- Very flexible payment plans are available and we accept credit cards from family, friends, and other third parties.
- We have multiple Texas locations, in Dallas, Ft. Worth, Austin, and Houston, so there is always an office convenient for you.
- All of our staff and lawyers speak Spanish.
- We have office hours 6 days a week, and evening or weekend appointments are available.
- We offer free parking at all locations.
- Our attorneys will talk with you in plain language, never trying to confuse you with technical terms.
We understand that you may be nervous about even exploring the option of bankruptcy. So we encourage you to learn as much as you can about bankruptcy by exploring our site. If you are just beginning your search, try our Bankruptcy Overview page for a summary of our informational pages.
Contact Us
Of course, at any time, you can call us at 1 (866)705-7584 with any questions. You can also email us through our contact page. We are here to help.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
