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Helping Our Clients Overcome Debt Since 1983 Board Certified Bankruptcy Attorney with Your Best Interests in Mind

Friendswood Bankruptcy Attorney

Resolving Debt Problems for Individuals & Business Owners

Millions of Americans are affected by financial problems that result in overwhelming debt accumulation. These problems may have started small and accumulated over the years, or they may be the result of relatively sudden events like an injury requiring medical bills or a loss of employment. No matter how you got this mountain in front of you, when you’re faced with a seemingly insurmountable precipice of debt, you may look up and wonder how you’ll ever be able to climb over it.

At John E. Smith & Associates, we want you to know there’s another way to deal with your debt. Rather than chipping away at it while interest and payments keep you down, you can eject or reorganize most of your debt through bankruptcy. When you work with us, we’ll help you reach the other side of the mountain by going around it. Filing for Chapter 7, Chapter 13, Chapter 11, or Chapter 12 bankruptcies may seem like another daunting task, but our bankruptcy attorney in Friendswood will personally work with you to make the experience as painless as possible.

If you’re interested in a free consultation with our attorney to learn more about how bankruptcy options can solve your debt problems, contact John E. Smith & Associates online or call (281) 954-3161.

Personal Debt Solutions

If you have a considerable amount of consumer debt, filing for Chapter 7 or Chapter 13 bankruptcy may help you find a fresh start to your financial life.

Chapter 7 will eject most or all of your consumer debt obligations by liquidating non-exempt property and distributing proceeds to your creditors. Debt secured by collateral can be satisfied upon the repossession of property, however, it’s possible for some people to keep their cars and homes even when they file Chapter 7. Although individuals the most common entities that file for Chapter 7, it’s important to consider that this option exists for your business as well!

Chapter 13 bankruptcy will allow people in more serious financial positions to consolidate their debt without forfeiting property for liquidation. In these cases, a repayment plan will be arranged where the debtor will pay off a consolidated loan without having to interact with their prior creditors.

Manage Your Business Debt

Whether you own a large or small business with a considerable amount of debt, Chapter 11 bankruptcy can help your company get back on the right track. Unlike filing for Chapter 7, your company can still operate while in bankruptcy because this option helps you reorganize your business debt into more manageable payments to your creditors. With help from a bankruptcy attorney in Friendswood, you can retain control over your company and keep it operating even while you’re in bankruptcy.

If you’re a farmer or commercial fisherman that needs to reorganize your debt in a similar manner, filing for Chapter 12 is the way to do it. Under a Chapter 12 repayment plan, you’ll be able to pay your credits on a seasonal basis to better align with when you expect your income to arrive.

Is Bankruptcy on Your Mind?

Whether you’re researching bankruptcy’s potential to solve your financial problems or have been considering it for a while, let the bankruptcy lawyer in Friendswood at John E. Smith & Associates support you. You need a capable guide through this process that can help you reach the best possible outcome through bankruptcy – with our assistance, you may be able to build a better financial life after you resolve your current debt problems.

If bankruptcy seems like an option you want to explore, take advantage of a free consultation with John E. Smith & Associates to learn more about how our services can help you. Contact us online today!

Why John Smith Is the Right Attorney

To Handle Your Bankruptcy Matters
  • Free & Confidential

    Case Evaluations

  • Voted "Top Lawyer"

    by Houston Magazine

  • Over 30 Years of

    Legal Experience

  • When You Hire John,

    You Get Him.