What Can I Keep After Filing Bankruptcy?

A key concern for individuals and families who are considering bankruptcy is whether or not they will be able to keep their property. For those who have been living through the difficulties posed by overwhelming debt, the thought of having to make do without a car or the loss of the family home can be too much to bear.

Most people's property fits under the available exemptions that the Bankruptcy Code provides. I can help you understand how your property fits within the exemptions to help you make the most of the help available through bankruptcy.

In Texas, people who are filing for bankruptcy under Chapter 7 or Chapter 13 are given the option of choosing either the state or federal exemptions to try and fit their property under. There are differences in each set of exemptions. The Texas exemptions, for example, allow you to exempt more equity in the homestead while the federal exemptions may provide other benefits. You need an experienced bankruptcy attorney to sort out these important distinctions and apply the appropriate exemption law for your particular circumstances. By applying the right exemptions and by customizing the right financial plan for you, you may be able to:

  • Keep your home
  • Keep your furnishings
  • Keep your vehicle
  • Keep your retirement plan
  • Keep your business

Helping People Find Debt Relief

I am attorney Patrick D. West of Patrick D. West Law Firm, P.C. I analyze each client's situation, and recommend the most direct path for him or her to secure the debt relief he or she needs. I will review the property that would be part of the process. If bankruptcy is not the right fit for your situation, I will say so. I focus on educating my clients about all of the advantages the bankruptcy process offers them, including reaffirmation of debts in situations where that is necessary to keep the property. It is my commitment to maximize the advantages of the bankruptcy process for each client.

Filing Chapter 7 Or Chapter 13 In Fort Worth, Dallas And The Surrounding Areas

I can answer the questions you have regarding how your property would be treated in bankruptcy. To schedule a free initial consultation, call 817-989-6554 or contact my office online. Effective representation rarely occurs when you are meeting with a sales representative, secretary or legal assistant instead of an experienced attorney. When you call my firm to make an appointment, you will be meeting with me personally; not a sales representative, secretary or legal assistant.

Para explorar el uso de bancarrota del capítulo 7 o capítulo 13 para salvar su propiedad de la incautación de sus acreedores en español, llame al 817-989-6554. Pregúntale a Anita para fijar una cita para una consulta gratuita. La representación efectiva rara vez se produce cuando se va a reunir con un representante de ventas, secretaria o asistente legal en lugar de un abogado con experiencia. Cuando usted llama mi empresa para hacer una cita, usted se reunirá conmigo personalmente; no es un representante de ventas, secretaria o asistente legal.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.