AV Preeminent Peer Rated Attorneys
Mason Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
AV Preeminent Peer Rated Attorneys
Mason Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Mason Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).

Richard L. Ellison, P.C.

5.0
3 Reviews

  • Serving Mason, TX

  • Law Firm with 1 lawyer2 awards

  • Over 26 Years Experience Trying Cases in Texas State and Federal Courts

  • Bankruptcy LawyersCivil Litigation, Personal Injury, and 40 more

Richard L. Ellison
Bankruptcy Lawyer
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Looking for Bankruptcy Lawyers in Mason?

Bankruptcy lawyers help individuals and businesses find relief from overwhelming debt. They analyze your financial situation and guide you through processes like Chapter 7 liquidation or Chapter 13 reorganization. Their goal is to stop creditor harassment, protect your assets, and provide a legal path to a fresh financial start.

About our Bankruptcy Lawyers Ratings

The average lawyer rating is created by peers based on legal expertise, ethical standards, quality of service, and relationship skills. Recommendations are made by real clients.

CLIENT RECOMMENDED
100 %

3 Client Reviews

PEER REVIEWS
5

 

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Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

What happens with reposession after Chapter 13 bankruptcy?

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Answered by attorney Edward M Olson (Unclaimed Profile)
Bankruptcy lawyer at Olson Law Firm
Your auto lender will become an unsecured lender, just like all the others ... and treated like all the others in your Chapter 13 plan... unless your plan calls for something different.
Your auto lender will become an unsecured lender, just like all the others ... and treated like all the others in your Chapter 13 plan... unless your plan calls for something different.
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What happens with a deed in lieu after a chapter 7 bankruptcy?

Diane L Drain
Answered by attorney Diane L Drain (Unclaimed Profile)
Bankruptcy lawyer at Law Office of D. L. Drain, P.A.
There is no way to predict how this will affect your credit. The more important question is will signing a deed in lieu open the door for the lender to be able to sue you? Your discharge closed that door, but any new contract after the bankruptcy may re-obligate you for some or all of the debt. I don't recommend to my own clients that they do either a deed in lieu or a short sale after they file for bankruptcy protection. Instead I tell them to let the property foreclose.
There is no way to predict how this will affect your credit. The more important question is will signing a deed in lieu open the door for the lender to be able to sue you? Your discharge closed that door, but any new contract after the bankruptcy may re-obligate you for some or all of the debt. I don't recommend to my own clients that they do either a deed in lieu or a short sale after they file for bankruptcy protection. Instead I tell them to let the property foreclose.
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How many years does a bankrupcy stay on my credit report?

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Answered by attorney Edward M Olson (Unclaimed Profile)
Bankruptcy lawyer at Olson Law Firm
Expect that the bankruptcy will be on your credit report for at least ten years. You can apply for a new loan anytime. After one year of good credit history (all on-time payments) you should qualify for a good interest rate too.
Expect that the bankruptcy will be on your credit report for at least ten years. You can apply for a new loan anytime. After one year of good credit history (all on-time payments) you should qualify for a good interest rate too.
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