AV Preeminent Peer Rated Attorneys
Sabine Pass 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
Sabine Pass Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Sabine Pass 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).
  • 1 Plaza Square, Port Arthur, TX 77642

  • 1519 Boston Avenue, Nederland, TX 77627

  • 324 Highway 69, Nederland, TX 77627

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  • 2000 Hwy. 69 N., Nederland, TX 77627

  • 1239 Waco, Port Arthur, TX 77640

  • 885 Texas Ave., Bridge City, TX 77611-2600

  • Nederland, TX 77627-0128

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Looking for Bankruptcy Lawyers in Sabine Pass?

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 %

11 Client Reviews

PEER REVIEWS
4.6

8 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 my daughter file bankruptcy with her loans?

Jeffrey David Solomon
Answered by attorney Jeffrey David Solomon (Unclaimed Profile)
Bankruptcy lawyer at Law Office of Jeffrey Solomon
She can file bankruptcy, but it will not eliminate your obligation. Also except in rare instances she will still owe the student loans.
She can file bankruptcy, but it will not eliminate your obligation. Also except in rare instances she will still owe the student loans.

Is retirement money safe in bankruptcy?

Answered by attorney Max L Rosenberg
Bankruptcy lawyer at Rosenberg Hite, LLC
Qualified retirement accounts are exempt assets in a bankruptcy. Make sure to check that it is not in a cash out annuity form or anything other than a basic 401 or IRA.
Qualified retirement accounts are exempt assets in a bankruptcy. Make sure to check that it is not in a cash out annuity form or anything other than a basic 401 or IRA.
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Should I file for bankruptcy if I am back on a loan?

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Answered by attorney Sanaz Sarah Bereliani (Unclaimed Profile)
Bankruptcy lawyer at Bereliani Law Firm, PC
To get the facts straight it sounds like your parents lent you money and you put this in a written agreement whereby you put the car as collateral, however, you never followed up with transferring registration to their name or taking any steps via DMV to show they have a lien on the vehicle? If that's correct, then youre parents have a lien on your car and your car will have less or no equity that needs protecting. The correct step would've been to take care of the transfer simultaneous to when you received the money as that would make it a valid transaction. At this point, it is a little late but I think it should be fine for you to fill out paperwork with DMV showing they have a lien on your vehicle. The Trustee may question the validity of this, wondering you're trying to hide assets, but if you can show that you've been making regular monthly payments to your parents as lien holders and you're treating them at arms length like any other creditor and are not 'preferring' them to any of your other creditors, then you're fine. The issue becomes if they feel like you are preferring family/friend creditors over other creditors or that you're transferring title to the car just to protect an asset and that there is no legit loan. As long as you can prove that there was a secured lien you're fine.
To get the facts straight it sounds like your parents lent you money and you put this in a written agreement whereby you put the car as collateral, however, you never followed up with transferring registration to their name or taking any steps via DMV to show they have a lien on the vehicle? If that's correct, then youre parents have a lien on your car and your car will have less or no equity that needs protecting. The correct step would've been to take care of the transfer simultaneous to when you received the money as that would make it a valid transaction. At this point, it is a little late but I think it should be fine for you to fill out paperwork with DMV showing they have a lien on your vehicle. The Trustee may question the validity of this, wondering you're trying to hide assets, but if you can show that you've been making regular monthly payments to your parents as lien holders and you're treating them at arms length like any other creditor and are not 'preferring' them to any of your other creditors, then you're fine. The issue becomes if they feel like you are preferring family/friend creditors over other creditors or that you're transferring title to the car just to protect an asset and that there is no legit loan. As long as you can prove that there was a secured lien you're fine.
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