Bankruptcy Lawyer in Pearland

Serving Clients Throughout the Region

Bankruptcy can seem intimidating because of all you have probably learned about it through entertainment media. At John E. Smith & Associates of Pearland, we are here to help dispel the myths around bankruptcy and get you the truth. When bankruptcy filing is done correctly, it can be a huge boon and a massive sigh of relief for you, your family, and, of course, your finances.

Why should you choose to work with our Pearland bankruptcy attorney?

• Attorney John Smith has more than 35 years of professional legal experience.
• Our law firm focuses on bankruptcy cases and nothing else – no distractions.
• We are well-versed in the most common types of bankruptcy filings.
• We can discuss bankruptcy alternatives if bankruptcy is not the right choice.

Learn more about our firmand your bankruptcy options by calling (281) 954-3161 now.

Choosing the Right Bankruptcy Chapter

Not everyone who can file for bankruptcy will file for the same bankruptcy chapter. Indeed, each person’s situation is truly unique to them due to the circumstances that caused their debt. Our Pearland bankruptcy team takes the time to educate you about the bankruptcy process and what chapter we think will be the best choice for you.

Bankruptcy filings of individuals are typically sorted into four types:

• Chapter 7: If you have overwhelming debt with no clear end to it in sight, then Chapter 7 bankruptcy might be right for you. This form focuses on discharging as much debt as possible but may risk the loss of some of your personal property.
• Chapter 13: For overwhelming debt that could be manageable with some changes, Chapter 13 could be best. This form focuses on minimizing your debt, restructuring it into a three-to-five year repayment plan, and discharging what remains afterwards.
• Chapter 11: As a business owner who is in debt, Chapter 7 and 13 could make things worse if it just means shuttering your business. Chapter 11 is a form of bankruptcy used by business owners and companies, which allows them to work on discharging debt without closing their business.
• Chapter 12: There are some forms of bankruptcy geared towards specific professions. As a bankruptcy law firm in Pearland, Texas, we have helped many clients who are fishers, farmers, and other agricultural professionals. In such a case, a Chapter 12 bankruptcy could be possible.

This is a great time to start thinking about being debt free. Call (281) 954-3161 to request a FREE consultationwith our firm.