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Are you struggling to pay your bills or considering filing for bankruptcy in Beaumont, TX? Maida Clark Law Firm, P.C. is a bankruptcy law firm that helps clients file for Chapter 13 and Chapter 7 bankruptcy. We can help you decide which chapter to file under. Call 409-898-8200 now to schedule your consultation with a Chapter 13 bankruptcy attorney to discuss your filing options.

In the meantime, here’s what you need to know about Chapter 13 and Chapter 7 bankruptcy:

Chapter 7 bankruptcy

This option is the fastest way to discharge your unsecured debts. Otherwise known as liquidation bankruptcy, it’s a way for your family to get a fresh financial start. Your family’s income will determine if you’re eligible to file.

Chapter 13 bankruptcy

If your assets prevent you from filing for Chapter 7 bankruptcy, then Chapter 13 bankruptcy may be your best option. You’ll set up a five-year payment plan to pay off your debts in manageable monthly payments.

What to expect during the filing process

Filing for Chapter 7 bankruptcy can be a long and complicated process. Your best move is to partner with a knowledgeable bankruptcy law firm that eases the stress of filing. The bankruptcy process involves:

Means testing and credit counseling

Your income determines which filing option you qualify for.

Full disclosure of assets and debts

To comply with bankruptcy laws, you’re required to disclose your assets and debts.

Filing your petition

Once all of your required documentation is in order, Maida Clark Law Firm will help you submit your bankruptcy petition.

You can trust Maida Clark Law Firm to educate you about the filing process.

Regain control of your finances today. Contact a Chapter 13 bankruptcy attorney in Beaumont, TX.