Types of Bankrupcy

Chapter 7. Liquidation Under the Bankruptcy Code
Chapter 13. Individual Debt Adjustment
Chapter 11. Reorganization Under the Bankruptcy Code
Chapter 12. Family Farmer Bankruptcy or Family Fisherman Bankruptcy
Chapter 9. Municipality Bankruptcy
Chapter 15. Ancillary and Other Cross-Border Cases

Each of the 94 federal judicial districts handles bankruptcy matters, and in almost all districts, bankruptcy cases are filed in the bankruptcy court. Bankruptcy cases cannot be filed in state court. Bankruptcy laws help people who can no longer pay their creditors get a fresh start by liquidating their assets to pay their debts, or by creating a repayment plan.

Financial problems have a way of quickly escalating out of control and becoming very intimidating! It is not long before they are impacting all aspects of your life including additional stresses at work, home and personal / family relationships. I will be able to guide you, and together we will be able to determine the best solution for your individual situation.

Houston
Bankruptcy Attorney | Chapter
7 & 13 Bankruptcy | How
to file bankruptcy

Bankruptcy is a legally declared inability or impairment of ability of an individual or organization
to pay its creditors. Creditors may file a bankruptcy petition against a debtor in an effort to recoup
a portion of what they are owed or initiate a restructuring.

In the majority of cases, however, bankruptcy is initiated by the debtor that is filed by the insolvent individual or organization).

Houston
Bankruptcy Attorney | Chapter
7 & 13 Bankruptcy | How
to file bankruptcy