Bankruptcy Overview

Lawyers Helping the People of Texas

At Fears | Nachawati, we are committed to helping people throughout the Dallas-Ft. Worth, Austin, and Houston area regain control of their finances. Our attorneys are always willing to help you file for bankruptcy -- but first we want to make sure you understand what bankruptcy can and can't do for you. See the following pages for plenty of information about bankruptcy:

  • Should I Consider Bankruptcy? There are a number of questions you should ask yourself if you are considering bankruptcy.
  • Chapter 7 or 13: Which is Right for Me? Your salary can be a big factor in determining which kind of consumer bankruptcy you undergo.
  • What Is Chapter 7? Chapter 7 bankruptcy is a relatively brief process that involves selling off many of your assets and then wiping debts clean.
  • What Is Chapter 13? Chapter 13 bankruptcy puts you on a payment plan that pays off some of your debt and then discharges the rest.
  • Saving Your Home and Car : Filing for bankruptcy can stop a foreclosure or repossession under most circumstances.
  • Protecting Your Personal Property : Most people who undergo bankruptcy do not lose much personal property, just give up a few items not deemed necessary for living.
  • How Bankruptcy Affects Debts and Lawsuits : The point of filing for bankruptcy is to either get rid of debts or find reasonable ways to pay them off. And filing for bankruptcy puts a hold on all debt-related lawsuits.
  • Rebuilding Your Credit : After and even during bankruptcy proceedings, you can begin rebuilding your credit rating.
  • Life after Bankruptcy : Bankruptcy wipes the slate clean, and after it is over our lawyers can help you start a new, debt-free life.

We also recommend our Bankruptcy FAQ, which covers much of the above information and more. And at any time, if you have questions, please contact our attorneys. We maintain office hours 6 days a week and can meet with you in the evenings or on weekends. Flexible payment plans are available.

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