Neal Anderson
22557 Aldine Westfield, Suite 104, Spring, TX 77373
- Neal Anderson
22557 Aldine Westfield, Suite 104, Spring, TX 77373.
Is money tight?
Are the bills pilling up?
Are creditors calling?
Is your house being foreclosed?
Then a bankruptcy might be exactly what you need to get your financial life back in order.
Call
(281) 353-9146
for No Obligation Consultation
The Law Office of Neal Anderson can help you, or your small business, with your bankruptcy questions or needs. Call today for a no obligation consultation,
(281) 353-9146 or e-mail at NAnder3176@aol.com
Located at in Spring at 22557 Aldine-Westfield, Suite 104, Spring, TX 77373
Below is some information about bankruptcy and things you will need before filing.
Chapter 7
Straight Bankruptcy for individuals or businesses that don't have the ability to pay existing debts. Discharge your debts while retaining certain property. Some debts cannot be discharged. May reaffirm certain debts (homes, cars, etc). Debtors must qualify for Chapter 7 bankruptcies by applying a "means test".
Chapter 11
Corporate reorganization plan for businesses or individuals with extensive debts or property. Keep your business operating, while reorganizing your debt. Chapter 11 bankruptcy takes special knowledge. Trust an attorney that understands business and the bankruptcy law.
Chapter 12
Reorganization plan for family farmers.
Chapter 13
Personal reogranization plan for individuals who have enough income to pay normal living expenses and contribute to a debt payoff plan. The plans typically run a minimum of 3 years to a maximum of 5 years. Debtor makes monthly payments to bankruptcy trustee typically through a wage order with their employer.
Chapter 13 bankruptcy plans help with the following:
1) STOP FORECLOSURE - cure arrearage on home mortgage
2) STOP REPOSSESSION - restructure car notes
3) STOP WAGE LEVY - repay IRS
Repay numerous secured creditors and pay some distributions to unsecured creditors.
