Some people who find themselves in over their heads with debt have many reasons to believe that neither Chapter 7 or Chapter 13 bankruptcy is best for them. This is not true.  Bankruptcy is not as scary as one might think, and it is sometimes a necessary solution.  It is best for those filing personal bankruptcy or business debts without a need to answer a lawsuit against them by creditors.  

Chapter 11 is generally only used when a creditor sues a business, and the business has the ability to pay some or all of its debts in a structured payment arrangement.  A business Chapter 7 will allow you to wipe out all of the business’s unsecured debts and provide an opportunity to start a new business with a clean slate.  If you have both business and personal debts, this can be resolved through either a personal Chapter 7 or Chapter 13.

Denton, TX, with its endless employment possibilities, and its great location, does not mean that credit problems do not occur and a great bankruptcy attorney such as the Shuster Law PLLC is not needed! All credit problems should be discussed with an attorney before taking any action.  

The type of bankruptcy needed and the factors that led to the bankruptcy need to be discussed.  The laws surrounding bankruptcy are indeed complex and you can make a mistake very quickly.  

Sometimes you will not even need to file for bankruptcy but can settle your debts through debt settlement. If you have the financial resources to pay settlements on your debts, we have assisted hundreds of clients pay pennies on the dollar if bankruptcy is not the best option.  

With the help of an experienced lawyer, you can negotiate with your creditors, who may agree to lower the amount owed, reduce, or eliminate interest and/or lower payments over set periods of time. 

To discuss bankruptcy or all bankruptcy alternatives, including debt settlement, schedule a free, remote initial consultation at the law offices of Shuster Law PLLC, in Denton, Texas.

Before filing for bankruptcy have all the facts at hand, as although not difficult for an attorney it does have ramifications for a rather long time, depending upon the type of bankruptcy you are considering.  Choosing the WRONG type of bankruptcy filing can be a serious problem and Shuster Law PLLC will ensure this does not happen.  

We cannot help if you do not contact us, however.  Stop living in the shame and fear of your debt problems.  We will advise you ASAP and help you through the entire process.  We are a small firm where you are not just a number but a real person to us and your concerns are OUR concerns.  

Contact us online or call (972) 315-6222 to arrange a free initial consultation to discuss your financial circumstances.  Let our staff of great attorneys assist you either in person at our Denton, TX location or virtually. But stop suffering the horrible phone calls and scathing letters from creditors today when bankruptcy attorney David Shuster  is always on hand to assist you with your debts!