Texarkana Bankruptcy Lawyer

Debtbankruptcylawyers.com is a continually updated listing of Texarkana Bankruptcy Lawyers and Attorneys. Our listings are compiled from online sources as well as information acquired by Debtbankruptcylawyers.com personnel, advisors, and visitors. If you are in financial trouble and/or have rising amounts of debt that seem to be out of control, you may want to consult with a qualified debt or bankruptcy lawyer in Texarkana. The bankruptcy lawyer or law firm that you choose will guide you through the bankruptcy process, file your papers, and perform other duties that require. Find a local Texarkanabankruptcy lawyer near you today by choosing one of the options below.

Chapter 7, 11, 13 Texarkana Bankruptcy Lawyers

Lawyers by City

Gooding & Crittenden, L.L.P.
2005 Moores Lane, P.O. Box 6168 TEXARKANA, TX
Phone: 903-794-3125 Fax: 903-792-4708
Website: http://www.gooding-crittenden.com
Law Offices of E. Ben Franks
8 Woodmont Crossing TEXARKANA, TX
Phone: 903-792-3215 Fax: 903-792-4531
Website: http://www.frankslaw.com

How to Choose a Bankruptcy Lawyer in Texarkana

Finding a bankruptcy lawyer to help you can make a huge difference to your future financial situation. You should look for an attorney that will provide personal services. For example, if they want you to meet with associates or assistants before getting to the lawyer it isn't a good sign that you'll be getting the personalized and customized service that each case needs. It is also smart to look for a bankruptcy lawyer in Texarkana who has experience in the court room. You should use a bankruptcy lawyer that offers a free consultation and remember to always ask if the first visit is free. The first visit is where you discuss your circumstances and the cost of the filing, counseling and fees. Look for a bankruptcy lawyer with good confidentiality ratings and don't hesitate to interview multiple lawyers before coming to a decision.

How do Bankruptcy Lawyers Solve Credit Problems?

Texarkana bankruptcy lawyers can handle all aspects of bankruptcy law (including all types listed below) and provide legal methods for an individual or business to either eliminate debts by liquidating and distributing assets or resolve them by developing a court-approved reorganization plan, or other plan involving the repayment of creditors over time. Your lawyer should help you learn the primary purposes and applications of Texarkana , Texas bankruptcy laws and how they function to relieve individuals and businesses from indebtedness and provide a fresh financial start. Title 11 of the United States Code (the bankruptcy code) regulates the bankruptcy proceedings, including what chapter under which a debtor may file, what bills can be eliminated, how long payments may be extended, what possessions can be kept, and all other details concerning the bankruptcy.

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy is also known as “liquidation,” "straight bankruptcy," or “complete bankruptcy,” is the most commonly filed form of bankruptcy among individuals. Chapter 7 Bankruptcy essentially allows the debtor to make a fresh start. When a Chapter 7 Bankruptcy has been filed in Texarkana , a trustee collects the debtor's nonexempt assets, which are then reduced to cash, and distributions are made to the creditors in accordance with bankruptcy law. > Read More >

Chapter 11 Bankruptcy

Chapter 11 Bankruptcy primarily applies to commercial enterprises that wish to continue business operations while repaying creditors through a court-approved reorganization plan. Under Texarkana Chapter 11 Bankruptcy, the debtor has the right to file a plan of reorganization within 120 days after the order for relief. The debtor must provide creditors with a disclosure statement that allows the creditors to evaluate the plan, although whether the plan is approved is ultimately the Court’s decision. > Read More >

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy is designed for an individual who has a regular source of income, a desire to pay his or her debts, but currently is unable to do so. Chapter 13 Bankruptcy may be preferable to Chapter 7 Bankruptcy because Chapter 13 Bankruptcy usually allows the debtor to keep a valuable asset, such as his or her own house. Under Texarkana Chapter 13 Bankruptcy the debtor may arrange and propose a plan to the Court. The plan illustrates how the debtor will repay creditors over time, between three and five years. The Court must then approve this plan. > Read More >

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