Best Bankruptcy Lawyers Frisco, TX

Frisco, TX Bankruptcy FAQs

• Where do I file for bankruptcy in Frisco, Texas?

  You can file your bankruptcy case in Frisco at the Dallas Division of the United States Bankruptcy Court for the Northern District of Texas. This division is located at Earle Cabell Federal Building, 1100 Commerce St., Rm. 1254, Dallas, TX 75242-1496.

• Where can I get bankruptcy forms in Frisco, Texas?

  To obtain the bankruptcy forms you need to proceed with your case in Frisco, you can visit the official website of the United States Bankruptcy Court for the Northern District of Texas (https://www.txnb.uscourts.gov/forms).

• Which bankruptcy chapter in Frisco can stop foreclosure?

  Both Chapter 7 and Chapter 13 bankruptcy can provide assistance in halting foreclosure proceedings in Frisco. In a Chapter 7 case, foreclosure can be temporarily stopped due to the automatic stay granted by the court, which puts a hold on all collection actions against the debtor. In contrast, Chapter 13 bankruptcy enables the debtor to keep their house by putting their mortgage debt into a repayment plan that will allow them to pay off the loan gradually over time.

• How much does bankruptcy cost in Frisco?

  In Frisco, there are certain costs associated with filing for bankruptcy. The filing fee is $338 for Chapter 7 bankruptcy and $313 for Chapter 13. If you decide to pursue a Chapter 7 plan, you will also need to pay an attorney fee in addition to the filing cost. Depending on how complicated your case is, the attorney fee may change.

• Can you still keep your property even after filing for bankruptcy in Frisco?

  Yes, you can still keep your property due to the state and federal exemptions in Frisco that allow you to protect some or all of your assets from the claims of creditors even after filing for bankruptcy. There are specific rules that govern these exemptions that determine which exemptions apply to your case.

• Can a Chapter 13 bankruptcy plan in Frisco put a stop to wage garnishment?

  Yes, the implementation of a Chapter 13 bankruptcy plan in Frisco may stop wage garnishment. But you must remember that wage garnishment for priority claims like unpaid child support and current income tax liabilities will stop while the bankruptcy case is still pending. Moreover, a garnishment will stop student loan debt throughout the bankruptcy case, even though it is not dischargeable.

• Can you fight the debt lawsuit filed against you in Frisco?

  If you choose to fight the debt lawsuit filed against you in Frisco, hiring an attorney can have significant advantages. The plaintiff may dismiss the lawsuit before trial or offer a settlement for a reduced amount compared to the original claim. Seeking legal representation can greatly influence the outcome of the case and provide you with guidance throughout the process.