Bankruptcy

BANKRUPTCY ATTORNEY IN EL PASO, TX

ALSO SERVING SOCORRO, TX, AND THE SURROUNDING AREAS



If you are feeling like you might have lost control of your finances, you should talk to a lawyer from The Martinez Law Firm about bankruptcy. It is a word with a very negative connotation, but the truth is bankruptcy can be a very useful tool for getting your life and finances back on the right track. If you are completely overwhelmed by debt, filing for bankruptcy can erase some of what you owe and give you a fresh start. The Martinez Law Firm can assist with Chapter 7 and Chapter 13 bankruptcy. Our team is available to consult with you and figure out which option will work best for your case. Call (915) 490-0063 to set up a consultation today!
Bankruptcy — Chapter 7 Bankruptcy in El Paso, TX

CHAPTER 7 BANKRUPTCY

Chapter 7 Bankruptcy is known as liquidation. If a debtor qualifies under certain criteria, they are able to file for Chapter 7 bankruptcy. In most instances, debtors can keep all their property, and all qualified debt can be discharged. Filing for Chapter 7 can be daunting and emotional, but in some cases, it truly does offer the relief that allows people who are feeling crushed under massive debt to get back on track.

CHAPTER 13 BANKRUPTCY

Chapter 13 Bankruptcy is known as reorganization. A Chapter 13 case is for individuals who make a steady monthly salary, but do not make enough to repay what they owe. Upon filing a Chapter 13 case you will be assigned monthly payments for period of 36 to 60 months. After successfully making these payments, any remaining qualifying debt will be discharged. If you think you might benefit from filing for Chapter 13 bankruptcy contact The Martinez Law Firm today at (915) 490-0063!
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