AV Preeminent Peer Rated Attorneys
Red Oak 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
Red Oak Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Red Oak 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).
  • Serving Red Oak, TX and Ellis County, Texas

  • Law Firm with 34 lawyers2 awards

  • “Our experienced attorneys have aggressively represented injury victims for over 40 years. Let Bailey & Galyen solve your legal puzzle. Contact us today!”

  • Bankruptcy LawyersAutomobile Accidents, Personal Injury, and 48 more

  • Free Consultation

  • Offers Video

  • 310 Shady Will Trail, Red Oak, TX 75154

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Looking for Bankruptcy Lawyers in Red Oak?

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
50 %

65 Client Reviews

PEER REVIEWS
4.5

14 Peer Reviews

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.

Can a Chapter 7 BK petition be filed prior to obtaining credit counseling?

Jeremy B Shephard
Answered by attorney Jeremy B Shephard (Unclaimed Profile)
Bankruptcy lawyer at David Andersen & Associates, PC
You have to complete the credit counseling prior to filing. In limited situations, you can get a waiver. The majority of the counseling classes online take an hour and will get you the certificate the day you take the class.
You have to complete the credit counseling prior to filing. In limited situations, you can get a waiver. The majority of the counseling classes online take an hour and will get you the certificate the day you take the class.
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Can I file for a chapter 7 bankruptcy?

default-avatar
Answered by attorney Phong Thanh Tran (Unclaimed Profile)
Bankruptcy lawyer at Law Office of Pho Ethan Tran, PLLC
If you want those creditors to be included in the bankruptcy, you must amend your schedules to include them.
If you want those creditors to be included in the bankruptcy, you must amend your schedules to include them.

Is there any possible way to keep a car when filing a chapter 7?

Answered by attorney Christopher J. Kane
Bankruptcy lawyer at Christopher J. Kane, P.C.
As long as you keep your payments current on the auto loan the lender cannot repossess it. The issue in bankruptcy will be whether you have any equity in the car, whether the car is worth more than you owe on the loan. You are entitled to a $3,000 "exemption" on the equity in the car. If you have less than $3,000 in equity, then the bankruptcy Trustee will not take an interest in the vehicle. If have more than $3,000 in equity (you have "non-exempt equity") than you can work a deal with the Trustee to pay the Trustee the amount of the non-exempt equity and keep the car.
As long as you keep your payments current on the auto loan the lender cannot repossess it. The issue in bankruptcy will be whether you have any equity in the car, whether the car is worth more than you owe on the loan. You are entitled to a $3,000 "exemption" on the equity in the car. If you have less than $3,000 in equity, then the bankruptcy Trustee will not take an interest in the vehicle. If have more than $3,000 in equity (you have "non-exempt equity") than you can work a deal with the Trustee to pay the Trustee the amount of the non-exempt equity and keep the car.
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