A 5-Star Bankruptcy Attorney to Help You Achieve Financial Freedom
Bankruptcy is one of the most complex areas of the law that everyday people may be confronted with. In the face of accumulating debt and an unforgiving financial system, it can feel overwhelming just to come up with a plan for repaying your debts, let alone actually repaying them without chipping away at your daily expenses. Vasquez Law Group practices exclusively in bankruptcy law and is led by a 5-star-rated bankruptcy attorney who has been voted “Best Bankruptcy Attorneys in Houston” (2022) and “Top Latino Lawyer” (2021). Attorney Regina M. Vasquez takes a kind and compassionate approach with clients, especially when dealing with financial obstacles that are deeply sensitive and personal, and she has the experience and professional skills you can count on to help you achieve financial freedom.
Schedule a free initial consultation today to learn more about how Vasquez Law Group can help you.
Vasquez Law Group handles several types of debt relief and bankruptcy cases, including:
- Chapter 13 – This is a bankruptcy filing option centered around a 3-5-year repayment plan in which debtors will pay off their debts over the duration of the plan. Chapter 13 is geared towards debtors who have significant assets they hope to keep and a higher income that can afford debt repayment over time.
- Vehicle repossession – Borrowers who have breached the terms of their lending contract, such as by failing to meet their car payments, may have their car seized by a repo man.
- Payday loans – Payday loans are short-term immediate loans with high interest rates, making them risky loans. It is best to consult a lawyer about whether to take out payday loans or what to do if you owe payday loans, as the high interest rates often cause difficult debtor situations.
- IRS debt – If you fail to file your taxes or otherwise underpaid your taxes, the IRS can take collection actions against you. IRS debt is rarely forgiven, and the best way to resolve tax debt is trough bankruptcy.
- Chapter 7 – This is a bankruptcy filing option centered around the liquidation of assets, whose proceeds will go towards paying back creditors. Chapter 7 is for lower-income debtors and is a quicker process that lasts around 4 months. The main goal of Chapter 7 is to cash out assets to repay creditors as soon as possible.
Our firm handles all the above types of bankruptcy cases and can offer informed guidance about what you should do in your situation, whether you are able to pay off all your debts or need more time.
Do not wait to take action if you are accruing debt. The sooner you work on a plan to resolve that debt, the sooner you will get back on track to financial freedom. An experienced bankruptcy attorney can provide the effective guidance you need to make the right decision for your financial future, whether that means filing for Chapter 13 bankruptcy or helping with tax debt through bankruptcy filing. For certain services like Chapter 7 filing, we charge a flat fee so you do not have to worry about adding even more costs to your plate. Let Vasquez Law Group help you out of debt and develop strategies for strengthening your financial health.
Schedule a free initial consultationwith our 5-star-rated bankruptcy lawyer today to get started.
Will filing a bankruptcy stop a foreclosure on my house?
Yes, if you have never filed a bankruptcy before, filing either a Chapter 13 or Chapter 7 will effectively stop all collection activities if filed before the Auction date. It is important to discuss with an attorney which chapter of bankruptcy is right for you with your specific situation. If you have filed a bankruptcy before call us today so we can determine how it will affect your situation specifically.
My car was already repossessed. What can I do?
Filing a Chapter 13 will allow you to get your vehicle back if filed within 10 days from the date of the repossession. Sometimes finance companies give you longer to reinstate the loan but once they have auctioned off the car it is too late. Call us today before it is too late!
How will filing affect my credit?
In most cases, your credit score goes UP when you file a bankruptcy. Yes, let that sink in for a second. When we pull your credit report we provide you with a copy. It gives your credit score now and what it would look like 12 months after bankruptcy. Be ready for a shock!
My spouse isn’t on the house/car. Do they still have to file with me?
Quick answer is no they do not have to file. If they have any debt that is just their own, then they might want to think about filing also. It doesn’t cost any more or any less for you to file together so you can both clean up all your debt at the same time. This is discussed at length with our attorney at the consultation so we can advise you on the pros and cons with regards to your specific circumstances.