San Antonio Bankruptcy Attorney
Chapter 7 & 13 Bankruptcy Lawyers

A Place to Begin Again. File Bankruptcy in Texas.

Allmand Law Firm PLLC: San Antonio Bankruptcy Attorneys in Texas

Are you drowning in debt?

Just like the River Barge in San Antonio’s Paseo del Rio, a bankruptcy can help you navigate through the long and winding river of your life and arrive at exciting sights that await in the end. How would you want to wake up without worrying about pending bills and instead exploring the city’s rich cultural heritage with loved ones? How much do you aspire to a life that allows you to shop, wine, and dine whenever you feel like it? If these scenarios appeal to you, then it may be the perfect time to consider your debt-relief options with guidance from a San Antonio bankruptcy attorney.

San Antonio is a spectacular place to live in especially for adventure-lovers. Locals enjoy gathering at local parks and green spaces, celebrating festivities, shopping, and sight-seeing throughout the year. But while most attractions can be enjoyed free-of-charge, being an adventurous soul is quite difficult if you are chained to your financial obligations. Regardless of how you arrived at your current predicament, the most important thing is that you can do something about it.

Aspiring for a worry-free life?

You can cut the cycle of debts but being brave to face your bankruptcy options. Our attorneys are not here to judge you, but to help you start over again in this wonderful city. Applying for a Chapter 7 or 13 bankruptcy can be your ticket to worry-free and more adventurous days in San Antonio, Texas.

Don’t wait until you’re in too deep. Today is the best time to discuss your debt relief options with a San Antonio bankruptcy lawyer at Allmand Law Firm, PLLC. Our legal team will handle your case with the utmost respect and sensitivity. For the past years, we have been helping clients navigate through troubled waters across Dallas, Hurst, Fort Worth, and the Mid Cities and reach a new start.

How can you move past your financial trouble? You only need to pick-up your phone and accept our offer for a FREE case evaluation. If you want help you decide if filing for bankruptcy is the best option for you, spend a couple of minutes watching the video below prepared by our Law Firm.

Additional Resources for Chapter 7 & 13 Bankruptcy

Allmand Law Firm, PLLC: Largest Bankruptcy Filing in Texas

We are a full-service bankruptcy firm that represents bankruptcy clients in Dallas, Fort Worth, Austin, El Paso, Midland, San Antonio, Waco, and other areas throughout the state. Bankruptcy Law is our sole area of focus, resulting in our firm has the largest bankruptcy filing in the state of Texas.

At Allmand Law Firm, PLLC, our passion is to help Texans going through financial difficulties. Our clients are our top priority which is why our team carefully evaluates each case. Backed by two decades of experience, we are in the business of providing legal services of the highest quality under the direction of a Texas Board Certified Consumer Bankruptcy expert.

We provide an individualized approach to families in financial distress and debtors losing hope for financial recovery. Every case is different and every story is unique. We’re ready to listen to yours and help you in every way we can. Together, let’s find the best workable debt solution for you.

Our Head Attorney Reed Allmand is certified in Consumer Bankruptcy by the Texas Board of Legal Specialization. Discuss your bankruptcy case with our lead attorney by calling (214) 884-4020!

The Allmand Difference: Giving Debtors A Chance to Start Over

Are you considering bankruptcy? Deciding between filing a Chapter 7 bankruptcy or a Chapter 13 bankruptcy? Speak with our Waco bankruptcy attorney about your situation so we can find the best bankruptcy solution for you.

We offer debt relief and bankruptcy services in the following areas:

Why Should You Consider Bankruptcy?

Although bankruptcy does not solve all your problems, it will however help you get started in a more financially stable path. Filing bankruptcy allows debtors to manage their debts without emptying their pockets and their savings account. There are many types of bankruptcies to choose from but most consumers file for either Chapter 7 or Chapter 13 bankruptcy.

An experienced Texas bankruptcy lawyer can help you decide the best bankruptcy strategy to arrive at a debt discharge, whether it by liquidating your assets in a bankruptcy estate and repaying creditors as done in a Chapter 7 bankruptcy, or reorganizing debts in a repayment plan under a Chapter 13 bankruptcy, the perfect choice is just a few steps away.

If you would like to file for bankruptcy, ask our Waco bankruptcy attorneys about the following benefits:

• Halt creditor collection activities through the automatic stay court injunction
• Discharge most, if not all, of your unsecured debts
• Prevent home foreclosure
• Stop vehicle repossessions and wage garnishment
• Have a clean slate and a fresh start

What is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is meant for debtors who don’t have sufficient income to pay back their debts. Also known as liquidation bankruptcy, it allows you to have certain debts written off by liquidating some of your valuable assets. Almost all debts in a Chapter 7 bankruptcy case are eliminated by the bankruptcy judge through a court order. If you plan to declare bankruptcy, you must be willing to give up your possessions in order to pay your creditors. Don’t worry, not all of your properties will be taken from you. You can consult a San Antonio bankruptcy attorney as to how you can protect your assets. You will be required to pass a Means Test prior to applying for bankruptcy. This will evaluate if your income is in line with bankruptcy guidelines.

What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy essentially reorganizes your outstanding debt into a longer payment period. Also known as “reorganization” bankruptcy, it gives the debtor an opportunity to manage unpaid loans over a 3 to 5 year period. If you have enough income to repay your at least a portion of what you owe your creditors, then you are qualified for this type of bankruptcy. Normally, you will be required to show proof of income or other sources of livelihood to demonstrate your ability to pay creditors. If you want to know the specific eligibility criteria for Chapter 13 bankruptcy, schedule a meeting with our Allmand bankruptcy experts.

How Do You File For Bankruptcy?

Filing for bankruptcy can get complicated. It involves accomplishing bankruptcy forms and providing a plethora of information to the court. There are also bankruptcy court hearings and other procedures you must follow. To help you navigate through these processes, a skilled bankruptcy lawyer by your side would be valuable.

Below is an overview of the steps in declaring bankruptcy:

Complete a Credit Counseling Course

You need to show proof of attendance in a credit counseling seminar within 180 days before you submit your bankruptcy petition. Your counseling agency should be approved by the U.S. Trustee’s office. Attendance in credit courses can cost you around $25 to $35. Find out if you are eligible for discounts or a free course by reaching out to Allmand Law.

File Your Bankruptcy Petition

Submit your bankruptcy application and pay filing fees to your state’s bankruptcy court. Your bankruptcy application forms will normally ask for information regarding your source of income, amount of debts and list of properties owned. Once you’ve filed a petition, the bankruptcy court issues an automatic stay, which protects you from any debt collector demands and from impending lawsuits. The court injunction also protects you from potential foreclosures or repossessions while your bankruptcy case remains open. You can pursue legal action if a creditor tries to call or visit you to demand for payments. However, if you have had a history of filing bankruptcy within the past year, the automatic stay may not be put in place or have limited protection.

Appear at the Creditors’ Meeting

Sixty days after the date of submission, you will be required to attend the 341 meeting of the creditors. Parties present includes you, the bankruptcy trustee, your legal representative, and your lenders. But in general, lenders seldom appear during this meeting. Expect to be asked clarification questions about your bankruptcy information. The goal of this meeting is to assess your bankruptcy situation and determine whether your debts should be discharged or not.

Complete Another Debtor Course

Similar to the first course you took, you will need another debt counseling session to help you understand how to manage your current finances and commit to paying any debts in the future.

Wait for the Court’s Decision

Your bankruptcy judge shall review your case and all the information gathered during the meeting with creditors. The process of evaluation may slightly vary depending on the chapter you chose. For Chapter 7 filers, the court will check if you can pass the Means Test. For Chapter 13 filers, the court will look into your secured and unsecured debts to determine your eligibility.

Receive a Discharge Notice

If the court deems you eligible for bankruptcy and debt discharge, your case will be handled until the court issues a discharge notice. If you declared Chapter 7 bankruptcy, the court shall liquidate your non-exempt properties to pay off creditors. But if you are declared Chapter 13 bankruptcy, the court shall require you to have a repayment plan approved by your creditors. Your bankruptcy case is closed once the court releases a discharge notice that indicates which debts are forgiven and which remains.

What Types of Debts are Covered by Bankruptcy?

Bankruptcy eliminates most if not all of your debts. Which debts get erased depends on whether the loan is secured or unsecured, and certain bankruptcy exemptions indicated in the Federal and state laws. While certain types of debt are “dischargeable”, others are “nondischargeable.” Consult with our San Antonio bankruptcy attorneys to know which types of debt you’re dealing with.

Is it possible to have all debts removed? Yes! provided that your loans do not fall under the nondischargeable debt category. Dischargeable debts include credit card balance, personal loans, medical bills, and utility bill debts.

On the other hand, nondischargeable debt includes some tax debt, alimony, child support, and student loans.

What other Debt Relief Options Do I Have?

Our San Antonio bankruptcy lawyers can discuss your legal options. If bankruptcy is not the right choice for you, you can still consider other legal services such as debt consolidation, negotiating with creditors, loan restructuring, and more.

Begin Your Financially Independent Life Today.

Don’t let financially-troubled waters engulf your whole life! Explore your options to regaining your independence in San Antonio by meeting with one of our bankruptcy attorneys. Need step-by-step guidance through the bankruptcy process? Our lawyers will be more than happy to help you. You will benefit from more than two decades of experience in helping families in Texas solve their financial woes. We service clients throughout the entire Texas Area: Dallas / Fort Worth / Austin / El Paso / Midland / San Antonio / Waco and other areas.

Schedule your financial empowerment session today and pay NOTHING. What do you have to lose? Nothing! Schedule a financial empowerment session, today. At Allmand Law Firm, PLLC, our firm’s number one goal is to help Texans get out of and stay out of debt. We are here to help in any way that we can, no matter where you live in the San Antonio Division.

Areas Being Served in San Antonio, Texas

We help Waco families break free from debt and regain financial control. Our Texas bankruptcy attorneys provide debt relief options to distressed individuals and families residing in the following counties:

• Atascosa, San Antonio TX
• Bandera, San Antonio TX
• Bexar, San Antonio TX
• Comal, San Antonio TX
• Dimmit, San Antonio TX
• Edwards, San Antonio TX
• Frio, San Antonio TX
• Gonzales, San Antonio TX
• Guadalupe, San Antonio TX
• Karnes, San Antonio TX
• Kendall, San Antonio TX
• Kerr, San Antonio TX
• Kinney, San Antonio TX
• Maverick, San Antonio TX
• Medina, San Antonio TX
• Real, San Antonio TX
• Terrell, San Antonio TX
• Uvalde, San Antonio TX
• Val Verde, San Antonio TX
• Wilson, San Antonio TX
• Zavala, San Antonio TX

Request a free case evaluation online or call us directly at (214) 884-4020.