Bankruptcy Attorney in Houston

Should I File?

Making the initial decision of whether to file for bankruptcy may be complicated and difficult. A debtor may already be in a situation where time is of the essence, and making a swift decision may be extremely helpful to his or her peace of mind. Debt collectors may be calling on a constant or overwhelming basis. Foreclosure may be looming on the horizon. Creditors may have already initiated wage garnishment, repossession or a debt collection lawsuit. These are all issues that will only add to the overwhelming stress associated with a crushing amount of debt. But is bankruptcy truly the right option for you?

A Houston bankruptcy lawyer at our law firm may be able to help you answer that question. If you file for bankruptcy, you will experience numerous advantages almost immediately. All creditors and debt collectors must cease all debt collection efforts against you, including lawsuits. An automatic stay will be placed on foreclosure proceedings. Successfully completed, your bankruptcy will result in the discharge of all eligible debt. However, there are disadvantages that you should take into account. Bankruptcy is an aggressive form of debt relief. It will negatively impact your credit score and may place certain property in jeopardy if you file under Chapter 7.

An attorney experienced in handling bankruptcy cases in the Houston area can talk to you about all of the potential advantages and disadvantages associated with bankruptcy, can review your particular financial situation, can talk to you about your short and long term financial goals and can in all conduct a complete assessment of the matter to help you make the right decision of whether to file.

Make no mistake, deciding to file for bankruptcy is a decision that should not be taken lightly. Contact a Houston bankruptcy attorney at the Malaise Law Firm today to get more information about how we can help you with this tough choice.