Qualifying For Bankruptcy In Texas
Contrary to popular belief, debt relief is not simply meant for the poor. In the United States, bankruptcy protection has been utilized by wealthy individuals, movie stars, legendary musicians, large corporations, smaller businesses and even city governments. It is available for people from all backgrounds and organizations of all kinds. The common denominator for filers of bankruptcy is unaffordable debt, which can be incurred in countless ways.
Bankruptcy is supported by the U.S. Constitution and by numerous federal and state laws. Many people point out that there are references to debt forgiveness and debt relief in the Bible and in historical and religious documents from many cultures.
If you are concerned that your income is too high to declare bankruptcy, your fears may or may not be well-founded. Our firm can evaluate your situation and help you develop a plan to deal with the debt you are struggling with, regardless of how much you make and how much you owe.
We understand bankruptcy rules and processes. We can help you explore bankruptcy and other debt relief options if:
- You are concerned about keeping real property, business assets or other property
- You are facing foreclosure
- You experienced a reduction in income
- You were told you failed a means test for Chapter 7
- You have IRS debt you cannot afford to service
Everyone’s debt and income situation is different. Our bankruptcy lawyer will be happy to sit down with you, evaluate your situation and help you understand your debt relief options, which may include bankruptcy.
Do you have questions about qualifying for bankruptcy in Texas? Our firm can answer them. Contact us for a free consultation about your financial situation. We serve clients in Waco, Fort Hood and elsewhere in Central Texas.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.