Get the Truth About Chapter 7 Bankruptcy in Texas: Find Out What the Credit Card Companies and Lenders Don't Want You to Know!

SAN ANTONIO, TX, December 09, 2010 (Press-News.org) The people who come to our San Antonio, Texas bankruptcy law office are good people who have fallen victim to bad circumstances that make it difficult or completely impossible to pay off their debts. They need a fresh start and that is exactly what Chapter 7 bankruptcy is designed to do.

Too many of our clients said that they wished they would have talked to our firm sooner, but were too afraid or confused about how bankruptcy works. Our clients said we should get the word out about the truth on bankruptcy. This article is aimed at doing just that for Chapter 7 bankruptcy. We hope this helps and let us know if you have additional questions or just need our help.

True or False: If you file chapter 7 bankruptcy you will lose everything.

FALSE: Most of our clients believe they will lose everything if they file a Chapter 7 bankruptcy. That is false. Under Texas Bankruptcy Homestead law, you are allowed to keep much of what you have. While every situation is different, you should be able to keep your cars, personal belongings, tools of your trade, and even the equity in your home.

True or False: You have to have no income to qualify for Chapter 7 bankruptcy.

FALSE: Our clients are surprised to learn that they can have a decent paying job and still qualify for Chapter 7 bankruptcy. As a family you can earn as much as $50,000-$60,000 and if single make as much as $37,000.

True or False: Chapter 7 bankruptcy can stop a foreclosure.

TRUE: The legal protection of a Chapter 7 bankruptcy stops a foreclosure. We have helped countless clients keep their homes.

True or False: Chapter 7 bankruptcy can stop wage garnishment.

TRUE: We routinely use the Chapter 7 code to stop wage garnishments. The Chapter 7 bankruptcy code was designed to give good people like you a fresh start.

True or False: Chapter 7 bankruptcy can stop harassing credit card bill collectors.

TRUE: By law, the creditors we name in your bankruptcy have to stop contacting you. Our clients say that being free of harassing bill collectors makes their lives enjoyable again. What we say to our new clients is to imagine life without debt. A Chapter 7 bankruptcy can make that a reality.

True or False: You cannot afford Chapter 7 Bankruptcy.

FALSE: We will work with you to put together a payment plan you can afford. And once all of your credit card bills, medical bills, and other unsecured loans have been eliminated, you will find paying for your basic living expenses is a lot easier. Imagine your world without debt. We can help make that a reality. We can stop foreclosures, stop car repossessions, stop evictions, and stop utility cutoffs. Debt hurts. We can help.

For more information, call our offices at 210-782-8483 or visit us online at www.chapter-7-bankruptcy-lawyer-san-antonio-texas.com.

Debt Hurts. We Can Help!

Vanhemelrijck Law Offices, LLC is a law firm specializing in helping people reduce or eliminate personal and business debt. They help clients utilize the protection of the federal and Texas bankruptcy provisions. They are located in San Antonio, Texas.