Top Dallas, TX Chapter 7 Business Bankruptcy Lawyers Near You
2001 Ross Avenue, Suite 3600, Dallas, TX 75201
1445 Ross Ave, Suite 3600, Dallas, TX 75202
2777 North Stemmons Freeway, Suite 1257, Dallas, TX 75207
1000 Ballpark Way, Suite 209, Arlington, TX 76011
16400 Dallas Parkway, Suite 300, Dallas, TX 75248
1125 Legacy Drive, Suite 320, Frisco, TX 75034
11910 Greenville Avenue, Suite 400, Dallas, TX 75243
300 Crescent Ct, Suite 1700, Dallas, TX 75201
2850 N Harwood St, Suite 1500, Dallas, TX 75201
1601 Elm Street, Suite 4200, Dallas, TX 75201
909 18th St, Plano, TX 75074
900 Jackson Street, Suite 570, Dallas, TX 75202
2200 Forest Park Boulevard, Fort Worth, TX 76110
16415 Addison Rd, Suite 725, Addison, TX 75001
2102 E State Hwy 114, Suite 207, Southlake, TX 76092
900 Jackson Street, Suite 440, Dallas, TX 75202
300 Burnett Street, Suite 150, Fort Worth, TX 76102
6688 N Central Expy, Suite 400, Dallas, TX 75206
2501 N Harwood St, Suite 1850, Dallas, TX 75201
8226 Douglas Avenue, Suite 330, Dallas, TX 75225
10440 N. US-75 Central Expy 1000, Suite 800, Dallas, TX 75231
2021 McKinney Avenue, Suite 1600, Dallas, TX 75201
12750 Merit Dr, Suite 520, Dallas, TX 75251
4340 N. Central Expressway, Suite 200, Dallas, TX 75206
5400 LBJ Freeway, Suite 930, Dallas, TX 75240
Dallas Chapter 7 Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.