Declare Bankruptcy with the Help of Experienced Smith County Bankruptcy Attorney

Howard Tagg is one of the well known bankruptcy lawyer in Smith county, Texas. Law office of Howard Tagg has experience over 20 years in bankruptcy law. Many individuals, families and businesses emerged out of debt, helping to recover financial stability by filing bankruptcy legislation. At their law firm, they provide free consultation to the clients, and you can discuss your financial issues. They will make you realize and recognize the best option available for your business to get away from the debt whether it should be submitted to Chapter7 or Chapter13 bankruptcy.

About Bankruptcy

Nowadays, many people are struggling to deal with their financial debt. In many cases, financial issues can lead to medical care, loss of job, and reductions in salary etc. If you come across this kind of situation, the best way to get rid of your debts is to declare bankruptcy. Filing a bankruptcy is an effective method of partially or fully disposing of your debt. The Law Office of Howard Tagg can provide you detailed information about Chapter 7 and Chapter 13.

With the help of an experienced bankruptcy attorney you can file a bankruptcy case in different chapters including chapter 7 and chapter 13. The duration of filing a bankruptcy will end in a few months for chapter 7 and 3 – 5 years for chapter 13. Filing a bankruptcy will assist you partially or fully to get relief from the financial problem.

Chapter 13

Filling bankruptcy under chapter 13 helps you in restructuring your debt, it actually reschedules the repayment plan. The chapter 13 bankruptcy can be filled under the following circumstances

  1. The person who is about to file bankruptcy under chapter 13 should not have filed bankruptcy in the past 180 days
  2. The person’s previous bankruptcy filling was dismissed by court because, he is an willful defaulter.
  3. If a creditor has filled a reply seeking for a stay.

Chapter 7

Chapter 7 is a liquidation bankruptcy.  If you file a bankruptcy on chapter 7, your debt will be cleared within 90 days.

Example of Debt that can’t be discharged:

  • Child support payment that is long pending
  • Few federal taxes
  • And student loans that you have got for your college

About Tyler Bankruptcy Lawyer

The Law office of Howard Tagg is a well known bankruptcy law firms in Texas. Howard Tagg has been a bankruptcy lawyer in the United States for more than 20 years. Their attorneys can assist you by declaring bankruptcy in a legal way to get relief from the debt. They help you identify the best option available for your business. To know more, visit: https://tylerbankruptcylawyer.com/information-about-bankruptcy/

Address

5620 Old Bullard Rd Ste 105

Tyler, TX 75703

Phone: 903-730-6366

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