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Best Bankruptcy Attorneys in Frisco

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Allmand Law logo

Allmand Law

8350 North Central Expressway, Dallas, TX 75206
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Allmand Law Firm, PLLC is a bankruptcy law office serving Frisco and surrounding communities. The team of lawyers offers bankruptcy and debt-relief services, including foreclosure defense, creditor harassment, auto repossession, Chapter 7 and 13 options, and tax forgiveness. The law firm's founder, Reed Allmand, is a certified consumer bankruptcy attorney by the Texas Board of Legal Specialization. Allmand Law Firm has been featured on CBS News, ABC, and Fox News.

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Barron and Barron L.L.P. logo

Barron and Barron L.L.P.

660 Central Expy 101, Plano, TX 75074
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Chapter 11 Bankruptcy

Barron and Barron LLP is a debt relief agency and a family-owned bankruptcy law firm that was founded by the late Bob Barron in 1983. The firm provides its services to businesses, families, and individuals who are considering filing for bankruptcy and handles Chapters 7, 11, and 13 Bankruptcies exclusively. Both Robby and Dianne are members of the Texas Young Lawyers Association and the National Association of Consumer Bankruptcy Attorneys.

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Lemke & Pederson Bankruptcy Attorneys logo

Lemke & Pederson Bankruptcy Attorneys

201 South McDonald Street, McKinney, TX 75069
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Lemke & Pederson Bankruptcy Attorneys provides legal assistance to individuals and businesses in the Frisco area in bankruptcy-related legal matters. The firm helps clients to file for bankruptcy under Chapters 7 and 13 to discharge or reorganize their debts. It also analyzes the complex tax situation of each client to advise them on the best possible solution for addressing outstanding taxes. The attorneys each have over 35 years of legal experience and offer a free initial consultation.

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Rubin & Associates, P.C. logo

Rubin & Associates, P.C.

2591 Dallas Parkway, Frisco, TX 75034
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Rubin & Associates, P.C., is a bankruptcy law firm in Frisco that focuses on consumer and small business debtor bankruptcy law. The firm works with chapters 7 and 13 bankruptcy. It also provides several debt solutions to help people avoid credit card debt, creditor harassment, foreclosures, and repossessions. Its team of experienced bankruptcy lawyers personally meets with potential clients to help them decide if bankruptcy is the right option for them. The firm was founded by Mark Rubin in 1995.

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The Law Office of Veronica Deaver logo

The Law Office of Veronica Deaver

1575 Heritage Drive, McKinney, TX 75069
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

The Law Office of Veronica Deaver is a legal firm that focuses on consumer bankruptcy, foreclosures, and repossessions in the Frisco area. Its attorney guides clients through Chapters 7 and 13 bankruptcy proceedings to ensure the filing process goes smoothly. The legal team also helps individuals and married couples determine the repayment terms that fit their situation for Chapter 13 bankruptcy plans. It also handles probate and personal injury matters.

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The Page Law Firm logo

The Page Law Firm

1125 South Legacy Drive, Frisco, TX 75034
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

The Page Law Firm is a Frisco-based company that was founded in 2002. Its attorneys handle bankruptcy law matters including Chapter 7 and 13 filing options, IRS garnishment, creditor harassment, foreclosures, and credit card lawsuits. Its professionals are also available in dealing with divorce and family law matters. Founder Théda W. Page was voted "Best Bankruptcy Attorney" by the Readers' Choice Edition of the Frisco Enterprise from 2011 to 2013.

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Frequently Asked Questions

Q: Can anyone file bankruptcy?

A: Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.

Q: How bad is it to file bankruptcy twice?

A: Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.

Q: Can they take my car in Chapter 7 bankruptcy?

A: In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.

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