Find A Fresh Start Today With Our Pearland Bankruptcy Attorneys
Last updated on August 9, 2024
Stop fighting against your mounting debt and interest rates. Stop hiding from your debt, hoping no one will ever find out. Stop being afraid of the “stigma of bankruptcy.”
Get the help you need and begin your new life today.
At Byman & Associates PLLC, we understand the challenges you are facing. We have seen many people in serious debt, and we have helped them get free from it. From our home office in Pearland, Texas, we help clients throughout the area find lasting debt relief through bankruptcy. We are here to help you.
Is Bankruptcy The Right Option For You?
Many people facing serious financial difficulties wonder whether bankruptcy or debt relief services are right for them. It’s natural to be worried about this process. Pursuing bankruptcy is a big decision that requires careful consideration. Our experienced bankruptcy attorneys understand you have questions and concerns. We can explain all of the options available to you and help you determine the right path.
Our Pearland bankruptcy lawyers can help you with the following:
- Chapter 7 bankruptcy: This option helps you discharge unsecured debts and liquidate assets to repay creditors. We can walk you through the process until your debts are eliminated.
- Chapter 13 bankruptcy: This bankruptcy option allows you to keep your assets, but you will need to create a payment plan to repay creditors. Our team can help you through the necessary steps.
Determining which type of bankruptcy is right for you is the first step in pursuing debt relief. Our lawyers are familiar with the rules and regulations of each type of bankruptcy and can help point you in the right direction.
Is There A Way To Avoid Bankruptcy?
Although we are happy to help you through bankruptcy if that’s the right choice for you, there are benefits to avoiding bankruptcy if it’s a viable option. Let us help you explore the alternatives that are available.
What To Expect From The Bankruptcy Process
For those who haven’t been through the process of bankruptcy before, it can seem intimidating. But the process itself is actually quite simple, especially if you are working with an experienced team of lawyers.
We can help you every step of the way of the bankruptcy filing process including making filing fees, mandatory credit counseling and the discharging of your debt.
How Much Does It Cost To File Bankruptcy?
Each type of bankruptcy has its own factors that can determine the overall cost. The average cost of Chapter 7 bankruptcy is between $1,800 and $2,300. The costs can go up for Chapter 13, averaging anywhere between $4,500 and $5,300.
Filing bankruptcy can be expensive due to many common fees, including filing fees, court fees, administrative fees and attorney fees. The attorneys at our law firm can help ensure that you make all necessary payments.
Does Filing Bankruptcy Stop Creditor Harassment?
Yes. It’s required by federal law that creditors must stop contacting you if you file bankruptcy. The moment you file, you’re under an “automatic stay” that prohibits any creditors from continuing to harass you to make payments. This stay allows the court time to assess and identify your assets and debts. And without the pressure of creditors, you can focus on completing the bankruptcy process.
How Long Does Bankruptcy Stay On Your Record?
Many people worry about the impact a bankruptcy will have on their future. It’s true that bankruptcy will stick onto your credit report, but for how long? If you file for Chapter 7 bankruptcy, it will last for 10 years. And for Chapter 13 bankruptcy, for seven years.
Life After Bankruptcy
It might be hard to imagine because of the debt-related stress and challenges you are experiencing, but the truth is:
- Bankruptcy will NOT ruin your credit forever.
- Filing for bankruptcy does NOT have to be an embarrassing, impersonal process.
- You CAN rebuild your credit after bankruptcy.
At Byman & Associates PLLC, we know these things because we have personally seen and helped people find life after bankruptcy.
Most people considering bankruptcy worry about the impact that it will have on their credit score. While it’s true Chapter 7 bankruptcy will have a negative impact on your score, it’s important to remember that if your debt is severe enough that you are considering bankruptcy, your credit score is probably not very good to begin with. The good news is that the damage bankruptcy will cause won’t be that severe, and you can rebuild.
How Can I Rebuild My Credit?
Your credit score will recover after bankruptcy if you take the following steps:
- Make payments: The most important place to start is to stay current on all your ongoing bills like rent and utilities.
- Take out a small and safe line of credit: Before long, someone will offer you credit again. One of the fastest ways to improve your credit score is to take on debt and handle it well. As you repay your existing debt, your credit score will improve.
- Budget: It’s critical at this time not to overdo it or try to rush the rebuilding process. Make sure you keep a good budget so you don’t overextend yourself.
One of the most important aspects of finding debt relief and life after bankruptcy is to work with a lawyer who has experience and who will handle your case with compassion and care. As we are familiar with bankruptcy laws, we know what to expect from this process and can help you navigate the appropriate steps.
Creditor’s Rights
The proper resolution of a bankruptcy can have a substantial impact on the businesses and individuals involved. Our attorneys are available to assist creditors in recovering the money they are owed in a bankruptcy proceeding.
Contact Us For A Free Consultation
To discuss your case with an experienced bankruptcy lawyer in the Pearland area, call 281-884-9768 or email us. We offer free initial consultations.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.