Greenville Tx Bankruptcy Attorney

Do I have to travel far to find a bankruptcy attorney near Greenville, Texas?  For questions, or to schedule a free confidential consultation with bankruptcy attorney J. Brian Allen, call us at (903) 439-5150.

While many people in Greenville feel they must travel far to find an experienced bankruptcy attorney to represent them to help relieve the stress of that creditors and collectors create, the answer is that our firm is only a short drive East of Greenville.

When do you need a bankruptcy attorney in Greenville?

If your home is about to be foreclosed or you face a car repossession then you filing bankruptcy may save both your house and car.

Greenville Bankruptcy Post:

There are two types of bankruptcy available to consumers. Chapter 7 is know “fresh start bankruptcy.” Your fresh start begins when you retain me as your lawyer. You are requesting a discharge of all of your debts when you file Chapter 7. No repayment plan or debt settlement is involved. Your debts are erased, wiped out, forgiven, discharged in about 3-4 months after your case is filed. You are not required to pay discharged debts, unless you reaffirm a debt, with a secured creditor such as an automobile loan, and you’re keeping the automobile. If you don’t keep the automobile in this example, then you surrender it to the lien creditor.
Other exceptions: Certain taxes are not discharged, child support is never discharged, student loans, and debts specifically excepted from discharge pursuant to an Adversary Proceeding.
Chapter 13 may be filed to stop foreclosure on your home or repossession of your automobiles, and you make a monthly payment to the Trustee who then pays your mortgage delinquency and pays the automobile creditor. A lot of the times, after filing Chapter 13, you have two payments. You pay the Trustee the Chapter 13 Plan payment for the next 36-60 months and you pay your monthly mortgage payment. Debts owed for credit cards, medical bills, signature loans are discharged after you complete all of your required 36-60 month Chapter 13 Plan. In most cases, these unsecured debts receive less than 1% of the amount of unsecured debt.

I can help you to decide if Chapter 7 or Chapter 13 is right for you.

Call 903-439-5150 to schedule a free consultation appointment with me.

Filing Chapter 13 Bankruptcy Stops Foreclosure.
We set up a payment plan for you to pay all the money you’re behind to your mortgage company. Using a 60 month plan to pay back $5,000 in mortgage arrears, the monthly amount for back house payments would be $83.33. You are required to pay the current monthly mortgage payments due after your case is filed. If you make your plan payment each month and stay current on your mortgage payments that come due after your case is filed, your Chapter 13 Plan is usually approved by the bankruptcy Court without a hearing.

Stop Repossessions
and Keep your car and truck
Filing Chapter 13 Bankruptcy to keep your car and truck

For 15 years, J. Brian Allen has been representing individuals and businesses in U.S. Bankruptcy Courts.

If you live in Greenville, Hunt County, Texas your bankruptcy case will be filed in the Dallas Division of the U.S. Bankruptcy Court for the Northern District of Texas.

THE PROCESS

Greenville, Texas bankruptcy attorney J. Brian Allen explains the Process.  A typical chapter 7 debtor will not appear in court and will not see the bankruptcy judge unless an objection is raised in the case. A chapter 13 debtor may only have to appear before the bankruptcy judge at a plan confirmation hearing. Usually, the only formal proceeding at which a debtor must appear is the meeting of creditors, which is usually held at the offices of the U.S. trustee. This meeting is informally called a “341 meeting” because section 341 of the Bankruptcy Code requires that the debtor attend this meeting so that creditors can question the debtor about debts and property.

GREENVILLE TEXAS BANKRUPTCY ATTORNEY COUNSELS YOU TO NOT BE ASHAMED OF FILING FOR BANKRUPTCY RELIEF.

The fundamental goal of the federal bankruptcy laws enacted by Congress is to give debtors a financial “fresh start” from burdensome debts.  The “fresh start” comes from the bankruptcy discharge, which releases debtors from personal liability from specific debts and prohibits creditors from ever taking any action against the debtor to collect those debts.  We are all human beings who make mistakes.  In 1934, the United States Supreme Court wrote in an opinion about the importance of the discharge:

[I]t gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt.

Local Loan Co. v. Hunt, 292 U.S. 234, 244 (1934).

Every individual deserves a fresh start. You should not be ashamed. Financial Freedom is ahead, that’s a promise.

UNDERSTANDING SECURED VS. UNSECURED DEBTS

Unsecured debts are those for which the extension of credit was based purely upon an evaluation by the creditor of the debtor’s ability to pay, as opposed to secured debts, for which the extension of credit was based upon the creditor’s right to seize collateral on default, in addition to the debtor’s ability to pay.  An example of an unsecured debt is a credit card.  An example of a secured debt is a car note and mortgage.  The secured creditor has a lien on the car and home.

Chapter 7.  The primary purposes of bankruptcy is to discharge certain debts to give an honest individual debtor a “fresh start.” The debtor has no liability for discharged debts.  A bankruptcy discharge does not extinguish a lien on property.  Greenville, Texas Bankruptcy Attorney can avoid some non purchase money liens on exempt property so long as the collateral is household goods.

GREENVILLE TX BANKRUPTCY ATTORNEY J. BRIAN ALLEN OF THE ALLEN LAW FIRM DISCUSSES CHAPTER 7.

Chapter 7 entitled Liquidation.  Because there is usually little or no nonexempt property in most chapter 7 cases, there may not be an actual liquidation of the debtor’s assets. These cases are called “no-asset cases.” A creditor holding an unsecured claim will get a distribution from the bankruptcy estate only if the case is an asset case and the creditor files a proof of claim with the bankruptcy court.  If the debtor is an individual, he or she receives a discharge that releases him or her from personal liability for certain dischargeable debts just a few months after the petition is filed.

Means Testing by Greenville, TX Bankruptcy Attorney J. Brian Allen. Amendments to the Bankruptcy Code enacted in to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 require the application of a “means test” to determine whether individual consumer debtors qualify for relief under chapter 7. If debtor’s income is in excess of certain thresholds, the debtor may not be eligible for chapter 7 relief.  I can determine whether or not your income is in excess of the thresholds at your free consultation.  Bring me all pay stubs for the last six (6) months and any other proof of income.

Eligibility. No individual may be a debtor under chapter 7 or any chapter of the Bankruptcy Code unless he or she has, within 180 days before filing, received credit counseling from an approved credit counseling agency either in an individual or group briefing.  I can assist you in receiving this required credit counseling in my office.  You may use my computers, in my office to complete this requirement.  The current cost for credit counseling is $50.00 payable to J. Brian Allen, Greenville, TX Bankruptcy Attorney.

If you need credit reports, I can assist you in obtaining your credit reports from Trans Union, Equifax and Experian. The cost for an individual is $30.00 for all three (3) reports. For a joint filing (husband and wife), the cost is $50.00, payable to J. Brian Allen.  Your credit score is also included in this cost.  Cost must be paid before filing your case.

Chapter 7 filing fee is $299.00, which must be paid before filing your case.

J. Brian Allen Greenville, Tx Bankruptcy Attorney’s Fee. At your free consultation after I review your case, I will determine my attorney fee to represent you . My attorney’s fee is a flat fee, as opposed to hourly billing. However, if extra attorney work is needed, I may bill you hourly. For these reasons, I do not have a set attorney’s fee for Chapter 7.   I am fair and honest.  I want you to remember what I am attempting to assist you with:  Getting you a financial fresh start.

Everything that you need to file your Chapter 7 Bankruptcy Case is available through Greenville, TX Bankruptcy Attorney J. Brian Allen. You do not need to go outside of my firm for anything to get your case filed.

GREENVILLE TX BANKRUPTCY ATTORNEY J. BRIAN ALLEN OF THE ALLEN LAW FIRM DISCUSSES CHAPTER 13 BANKRUPTCY: Adjustment of Debts of an Individual With Regular Income

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 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.

If the Court approves the plan, the debtor will make payments to the creditors through a trustee. The debtor is then protected from actions by creditors including lawsuits, wage garnishments, and actual contact with the debtor for the life of the plan. Upon completion of the plan, any remaining debts are discharged.

You may consider filing a petition under Chapter 13 Bankruptcy if you owe debts that are not dischargeable under Chapter 7 Bankruptcy, such as taxes and child support, or if you have liens that are larger than the value of the assets securing the debt, you have years of unfiled taxes, you are behind or car or house payments, or your assets are worth more than the available exemptions.

J. BRIAN ALLEN GREENVILLE, TX BANKRUPTCY ATTORNEY HELPING YOU GET A FINANCIAL FRESH START

For consumers, typical causes of insolvency include a medical emergency, job loss or increase in payment on an adjustable rate mortgage and credit cards.  A business may get caught in an uncontrollable spiral of debt as a result of factors such as costly litigation, loss of major contracts, financial fraud or mismanagement, or the inability to secure new capital.

Located in Sulphur Springs, Texas, and serving clients throughout Northeast Texas, the Greenville Texas Bankruptcy Attorney J. Brian Allen provides individuals and businesses with quality representation in personal and business bankruptcy matters.

As a bankruptcy attorney, J. Brian Allen has helped hundreds of people just like you reorganize or obtain a fresh start. When you retain our firm to handle your bankruptcy or debt relief matter, you can be assured that J. Brian Allen will handle your case from start to finish.

Unlike larger bankruptcy firms, where you may never see your attorney until your 341 Meeting with the Trustee, Greenville, Tx Bankruptcy Attorney J. Brian Allen provides close, personal attention and keeps you informed throughout the process.  Greenville, Tx Bankruptcy Attorney J. Brian Allen understands the anxiety that accompanies a bankruptcy proceeding, and he makes every effort to put you at ease and explain the process to you.

DEBT FREE BANKRUPTCY

J. Brian Allen Greenville, TX Bankruptcy Attorney practices exclusively bankrutpcy law. He does not take criminal, DUI, or personal injury cases. Don’t trust your bankruptcy to anyone else.

J. Brian Allen can help you develop a plan to be debt free. attorneys practice exclusively bankrutpcy law. We do not take criminal, DUI, or personal injury cases. Don’t trust your bankruptcy to anyone else.

BANKRUPTCY IS THE ONLY WAY TO GUARANTEE YOUR DEBTS WILL BE DISCHARGED WITHOUT EVER PAYING YOUR CREDITORS A CENT.

DON’T WAIT TOO LONG – FILE BANKRUPTCY WHILE YOU STILL HAVE ASSETS TO PROTECT.

If you live Greenville, Hunt County, Texas, call J. Brian Allen Bankruptcy Attorney
Bankruptcy is the only legitimate system that can force the creditors to discharge this debt without paying them anything.

Competitive Reasonable Fees

How are you supposed to pay for bankruptcy if you are already in debt? Fortunately we can take your Chapter 13 case for little or no money down and we have payment plans for Chapter 7 cases. Each case is unique and it will be up to J. Brian Allen Greenville, Texas Bankruptcy Attorney to determine the actual amount of the fee. Our fees are very competitive and traditionally one of the lowest in any location in Texas. Trust J. Brian Allen, an experienced bankruptcy attorney to get your bankruptcy done right and filed for a price you can afford.

For questions, or to schedule a free confidential consultation with bankruptcy attorney J. Brian Allen, call us at (903) 439-5150.

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