Bankruptcy

The financial stress of rising debt can often spiral out of control, leaving you with the feeling that you are alone in your struggle. We can help you begin the process of recovery. At The Connet Law Office, we believe that everyone deserves stability, and we are dedicated  to providing the quality services necessary for clients to become financially solvent.

McAllen Bankruptcy Attorney

McAllen Bankruptcy LawyerFiling for bankruptcy is falsely stigmatized as a failure on the part of the individual or business that chooses this route. In many cases, it is the most reasonable course of action when debts become overwhelming. One of the most crucial aspects when beginning the bankruptcy process is understanding the alternatives and choosing one that provides the easiest path towards reconstruction. We can help with all forms of consumer bankruptcy including…

Chapter 7 Bankruptcy

Chapter 7 is the quickest and easiest form of individual bankruptcy in which all non-exempt property is surrendered and liquidated. Non-exemption varies from state-to-state and can include Social Security payments, unemployment compensation, and limited values of equity in a home, automobile, household goods and trade tools. Chapter 7 will stay on your credit report for 10 years and certain types of debt may not be discharged such as child support, certain taxes and student loans. Also, a debtor may maintain a right to collateral even after the debt is discharged.

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy is a payment plan set up to consolidate your debt. A Chapter 13 bankruptcy, also called a debt consolidation, involves arranging and agreeing to a repayment plan that the bankruptcy court approves. The repayment plan allows you to catch up on house and car payments in manageable monthly amounts. Chapter 13 puts you in control rather than the mortgage and car lenders and your other creditors. It allows you to pay off your creditors while still holding on to your home and your vehicles.

Let Us Help You

Bankruptcy can be an important step in taking control of your life and future. It is designed to help you in your time of need. We are dedicated to protecting that right for each and every individual that we serve. For a McAllen bankruptcy lawyer who understands the difficulties associated with this decision, call Connet Law Office. We have the services you need to take control of your finances.

Schedule a consultation with an experienced bankruptcy attorney today by calling (956) 631-9675 or simply fill out the contact form to the right for a prompt reply.

Connet Law Office