Arlington Lawyer
Chapter 13 Personal Bankruptcy in Arlington TX
March 8, 2012 | 
Author Getting into debt is stressful, especially if you don’t see any way out. If you’re overwhelmed by debt, you may want to consider Chapter 13 bankruptcy. This type of bankruptcy allows you to re-organize your finances so that you repay all of your debts in a structured manner over the next three to five years. While this option is not good for your credit, Chapter 13 personal bankruptcy is sometimes in your best interest, especially if you’re making a good income but are drowning in debt. Talk to an Arlington TX bankruptcy attorney before taking this step to make sure it’s right for you. The Law Offices of David Kohm would be happy to talk to you about what bankruptcy entails and whether it’s the right choice for you.
You’ll need an Arlington bankruptcy lawyer if you decide to file for bankruptcy. Texas allows you to file pro se, or without an attorney, but this is not in your best interests for a number of reasons. The petition you must file for bankruptcy is complicated, and court personnel are not allowed to advise you as to how to fill it out. Furthermore, your case can be dismissed if you make a mistake on your petition, and if that happens your creditors can renew collection activity against you.
Your lawyer can also help you file any additional paperwork and come up with a Chapter 13 structured repayment plan that is more reasonable than what you may come up with on your own. The repayment plan is the heart of this type of bankruptcy; it allows you to repay your debts over time and to discharge part of your debt burden in exchange for paying the rest. Thus, it’s important that you create the restructured payment plan properly. Your lawyer can help you do that.
It’s not easy to decide to file for bankruptcy. This decision impacts your credit for ten years and forces you to surrender some of your freedom, as your bankruptcy trustee has to approve any new loans you want to take out while your case is open before you can apply for them. Don’t try to make this decision or follow through with it on your own. Contact the Law Offices of David Kohm for a free initial consultation or for help with your bankruptcy case today.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Chapter 13 | 
Tags: arlington, arlington attorney, arlington bankruptcy lawyer, Bankruptcy, bankruptcy assistance, bankruptcy law, Bankruptcy lawyer, law offices arlington | 
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End the Harassing Phone Calls with the Law Offices of David Kohm
When you find yourself in debt, creditors will stop at nothing to get their client the money you owe. One of the most common tactics the creditor will employ is harassing phone calls. But did you know there are regulations as to when and where the creditors can contact you? The Arlington TX bankruptcy attorneys with the Law Offices of David Kohm can stop the phone calls today, providing you peace of mind – and quiet days.
With the Law Offices of David Kohm, the phone calls can stop today. We can represent you throughout all your bankruptcy needs, and ensure that you know the fullest extent of your rights. Under the Fair Debt Collection Practices Act, debt collectors must identify themselves as a debt collector in every form of communication, as well as provide the name of the original creditor. They must notify you of your right to dispute the debt, provide verification of the debt in question, as well as file all their lawsuits via the proper venue. If the creditor has failed to do any of these things, it is time to rely on the renowned expertise of the bankruptcy attorneys from the Law Offices of David Kohm. Debt collectors cannot communicate with you outside certain hours, call you continuously with the intent to annoy or abuse, or a slew of other regulations all outlined in the Fair Debt Collection Practices Act.
Whenever you are in need of bankruptcy assistance in Arlington and the surrounding area, the Law Offices of David Kohm are here to help. For additional information regarding the steps to end harassing phone calls, give us a call at 817-204-0900 or contact us online.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Harassing Phone Calls | Tags: arlington, arlington attorney, arlington bankruptcy lawyer, arlington texas, Bankruptcy, bankruptcy assistance, bankruptcy attorney, collections, credit debt, creditor, Debt Settlement, harassing phone calls | Comments Closed
Loan Modification Representation with the Law Offices of David Kohm
In today’s economy, there are many people struggling. Many of these struggles involve keeping your home, and people are taking drastic steps to try and keep a roof over their heads. If you are considering a loan modification in order to keep your home, it is crucial you look at all your options. The Arlington TX bankruptcy attorneys with the Law Offices of David Kohm can best represent you.
With the Law Offices of David Kohm on your side, you will never have to worry about a mortgage lender attempting to take advantage of you. Like many other processes dealing with bankruptcy, the loan modification process can be extremely complicated. This is why is it of utmost important that you not attempt to do-it-yourself or go it alone. It is generally not in your lender’s favor to lower your monthly payment or your interest rate, and they may attempt to stall the process or take advantage of you. The Law Offices of David Kohm can make sure they do not.
For all your bankruptcy needs in Arlington and the surrounding area, the Law Offices of David Kohm are here to help. When you need fast, reputable, and reliable representation, we are the company to count on. For more information regarding the loan modification process, give us a call at 817-204-0900 or contact us online today.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Loan Modification | Tags: arlington attorney, arlington bankruptcy lawyer, arlington texas, bankruptcy assistance, bankruptcy law, loan modification | Comments Closed
Stop Harassing Collection Calls with an Automatic Stay
When falling behind on bills, one of the first things on anyone’s mind is putting a stop to creditor and debt collection. These phone calls and collection attempts can interrupt your otherwise productive work day, bordering on harassment and knowing no limits. But there are steps you can take to stop these collection attempts today. Our Arlington TX bankruptcy attorneys with the Law Offices of David Kohm can help you with your bankruptcy needs today, getting you back on your feet and stopping these collection attempts today.
Debt collectors have one goal in mind – to get their clients the money you owe. They don’t care what time it is, if you are at work or not, or if you’re in the middle of something important. They go after what they want, and will stop at nothing until they get it. Under the Fair Debt Collection Practices Act, however, you have specific rights. Debt collections must identify themselves as a direct collector in every communication, provide you the name of the original creditor, notify you of your right to dispute the debt, provide verification of the debt, and file lawsuits in a proper venue. They cannot call you continuously with the intent to annoy or abuse, call you at your place of employment after you have advised them not to call, or call you outside of 8 a.m. or 9 p.m. your local time, plus a host of other legal restraints. Our Arlington TX bankruptcy attorneys can put a stop to these abusive debt practices today with an automatic stay, which will cease creditor collection. The Law Offices of David Kohm are here to help you get creditors off your back.
For all your bankruptcy protection needs in Arlington and the surrounding area, the Law Offices of David Kohm are the go-to firm. For additional information regarding automatic stays, give us a call at 817-204-0900 or contact us online today.
Reorganization of Debt with the Law Offices of David Kohm in Arlington, TX
When facing bankruptcy filings, relying on a reputable and responsible bankruptcy attorney to fight in your corner is extremely important. An expert attorney can accurately inform you on what to do in your given situation, and more importantly, what to expect in the future as you attempt to rebuild your wealth. The process of filing for Chapter 13 bankruptcy can be a complicated process, which is why you need the Arlington TX bankruptcy attorneys from the Law Offices of David Kohm on your side.
With aggressive legal representation from the Law Offices of David Kohm, your needs will be in the bet hands possible. We have handled thousands of cases of this very nature, and can utilize that vast experience to steer you back on the right track to financial solvency today. We can prepare a repayment schedule that is fair to both you and your creditors, and one that is achievable in your current financial state. Filing for any type of bankruptcy can be a trying time, and one you should never go through alone. Reorganization can be a complicated process, as creditors can object to the repayment schedule or the court may find that your income is insufficient to cover your debt. Our Arlington TX bankruptcy attorneys can make sure that the process is a smooth one.
For all your bankruptcy needs in Arlington and the surrounding area, the Law Offices of David Kohm are here to help. For additional information regarding debt reorganization in the area, give us a call at 817-204-0900 or contact us online today.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Chapter 13 | Tags: arlington attorney, arlington bankruptcy lawyer, arlington texas, Bankruptcy, bankruptcy assistance, bankruptcy attorney, bankruptcy help, bankruptcy law, Bankruptcy lawyer, chapter 13 bankruptcy, creditor, debt reorganization, Debt Settlement, reorganization | Comments Closed
Law Offices of David Kohm Assist with Adversary Proceedings
The law can be a confusing process, especially for those unfamiliar with it. Whenever you find yourself in need of a bankruptcy lawyer, the Law Offices of David Kohm are here to assist you. Our skilled and experienced Arlington TX bankruptcy attorneys will be by your side every step of the way when it comes to all your adversarial proceedings in the area.
Adversary proceedings involve a plaintiff and a defendant, and are used to resolve federal and state-level legal issues. In the field of bankruptcy law, adversarial proceedings can take on many forms. Usually, they can be a creditor’s objection to a debtor’s discharge, a debtor response to an automatic stay violation, or a student loan debt discharge. No matter what the situation you find yourself in with bankruptcy law, our reputable and reliable bankruptcy attorneys are here to help. We can provide aggressive legal counsel on your behalf, fighting for your rights and utilizing our deep legal prowess.
With the Law Offices of David Kohm, you can remain confident that your legal matters will be in the best hands possible. For additional information regarding how we can help you with adversary proceedings in Arlington and the surrounding area, give us a call at 817-204-0900 or contact us online today.
Posted in Adversary Proceedings, Arlington Lawyer, Arlington TX Attorney, Bankruptcy | Tags: adversary proceedings, arlington bankruptcy lawyer, arlington texas, arlington tx adversary proceedings, Bankruptcy, bankruptcy assistance, bankruptcy attorney, bankruptcy help, bankruptcy law, Bankruptcy lawyer, Bankrupty attorney, collections, credit debt, Debt Settlement, law offices arlington | Comments Closed
Preventing Foreclosure with the Law Offices of David Kohm
Finding your home in danger of being foreclosed upon is a situation no homeowner wants to find themselves in. Yet many homeowners can find themselves in this situation daily. If you do find yourself running the risk of being foreclosed upon, it is critical that you rely on the skills and expertise of an aggressive and experienced attorney. The Arlington TX bankruptcy attorneys at the Law Offices of David Kohm can help you find your way out of foreclosure today.
The first step in fighting foreclosure is properly understanding it. In Texas, you give the lender the power to sell your home if your loan falls into default through a clause called “Power of Sale.” What this clause essentially means is that your lender does not need a court order to foreclose upon your home, and once your loan slips into default, your lender can take immediate action.
By filing for Chapter 7 bankruptcy, you can successfully delay the foreclosure. You can also save your home with a successful claim of Chapter 13 bankruptcy. A reputable and reliable bankruptcy attorney can better map out your options when you find your home in danger of being foreclosed upon. We have handled countless cases such as these, and can utilize this experience to fight for your home today. For additional information regarding foreclosure in Arlington and the surrounding area, give us a call at 817-204-0900 or contact us online.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Foreclosure | Tags: arlington, arlington attorney, arlington bankruptcy lawyer, arlington texas, Bankruptcy, bankruptcy assistance, bankruptcy attorney, bankruptcy law, Bankruptcy lawyer, Chapter 7, chapter 7 bankruptcy, fighting foreclosure, foreclosure, stopping foreclosure | Comments Closed
Reducing Debt through Bankruptcy in Arlington TX
Anyone who has ever found themselves in a financial crisis knows the overwhelming decisions that come with being in default. Credit collectors may want to sue and our Arlington TX bankruptcy attorneys will be there to help you understand your legal choices.
The Law Offices of David Kohm provides you with bankruptcy attorneys who are experts in their field. There are several bankruptcy attorneys; however, none of these organizations can give you the security of experienced legal representation our Arlington TX bankruptcy attorneys can offer. Even if a debt settlement company is used, the creditor can still sue you while late fees and interest accumulate.
Some of the advantages of bankruptcy offered by The Law Offices of David Kohm are reduced debt, reduced or eliminated interest, improved credit rating, and bankruptcy may be avoided altogether.
Contact the Law Offices of David Kohm today to speak with a bankruptcy attorney in Arlington TX. Our offices can be reached at (817) 204-0900, or you may schedule a visit online.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Chapter 13, Chapter 7, CMI Means Test, Uncategorized | Tags: Bankruptcy, bankruptcy assistance, bankruptcy attorney, bankruptcy help, Bankruptcy lawyer, Business failure, Chapter 7, collections, credit debt, creditor, Debt Settlement, Unsecured debt | Comments Closed
Chapter 7 Bankruptcy
What is Chapter 7 Bankruptcy
Chapter 7 bankruptcy is the most common form of Bankruptcy. It is what people think about when they hear the word “bankruptcy”. Those of us in the legal profession often call it a “straight” bankruptcy meaning that it is the traditional form of Bankruptcy. It is available to individuals and businesses and is used to “discharge” unsecured debts and surrender, without fault, secured items that a debtor no wants to be responsible for, like a house or a car.
Medical Debt
One of the most common debts that people have when they consider bankruptcy is Medical Debt. This is debt that results from doctors visits, lab work, hospitalization and other unforeseen expenses related to an individuals welfare. According to the Center for Disease Control (CDC) 43.6 million people in the United States have no insurance coverage. http://www.cdc.gov/Features/Uninsured/ These people have few options when a major health crisis occurs. A simple flu or a more serious problem like cancer can happen anyone at any age. These things most be treated and this treatment is not free. Eventually this debts must be paid. It is not unusual for treatment for a serious disorder spiral up to 50, 60 or even 100 thousand dollars. Even if you are earning a good wage, this debt is difficult to over come. In this case, a bankruptcy may be your best and sometimes only option.
General Unsecured Debt
Credit Cards, Medical Bills, and Payday loans are common examples of unsecured debt. Unsecured debt is any type of debt in which the lender cannot reposes your property. Credit cards are a great example and also a common issue that causes people to seek the advice of an experienced bankruptcy attorney. Typically, in order to repay the debt that you owe, you need to gross about 3 times the amount that is owed in unsecured debt. If you owe 50,000 in general unsecured debt you need to gross at least $150,000 to pay that off. According to the website CreditCard.com, the average American household has $14743.00 of credit card debt. Combine that with interest rates ranging from 14% on the low end to 29% on the high end, and you can see that the Credit Card company is essentially forcing people to file for relief.
Business Failure
The United States is the land of opportunity. The laws of this country encourage people to take a risk and strive to achieve their dreams. Thomas Jefferson, known as one of our founding fathers, understood that if a person cannot afford to risk failure then our country would stagnate. That is why the right to file bankruptcy is guaranteed in the Constitution. Article I, Section 8 states that the Congress will have the power to create uniform laws on the subject of Bankruptcy. Read it for yourself here http://www.usconstitution.net/xconst_A1Sec8.html
If you have taken a risk and now have bills you cannot pay, a Chapter 7 Bankruptcy can be the fresh start that you need. An experienced Bankruptcy attorney can discuss your options and give you a better idea of what you are facing and how to get to the light at the end of the tunnel. Contact us today at 817-861-8400.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Chapter 7 | Tags: Bankruptcy, bankruptcy assistance, bankruptcy help, Bankruptcy lawyer, Bankrupty attorney, Business failure, Chapter 7, collections, credit debt, creditor, Medical debt, Unsecured debt | Comments Closed
Learning More About Bankruptcy in Arlington, TX
For those considering filing for bankruptcy, there can be a lot that factors in this life-changing decision. Knowing and understanding the process fully is crucial in making an informed decision and unfortunately many Americans do not know how the various kinds of bankruptcy work. Those considering filing for bankruptcy can be in a trying time of their lives, which is why it is essential to consult with a trained and knowledgeable bankruptcy lawyer. Our Arlington TX bankruptcy attorneys at the Law Offices of David Kohm are here to help walk you through this process.
The most common form of bankruptcy is Chapter 7. Filing for this personal bankruptcy will provide you complete relief from creditors and collectors, a relief anyone in debt is desperately seeking. Creditors and collectors can be harassing, disrupting your daily routine with their constant phone calls. Filing for Chapter 7 creates an automatic stay, which halts collector and creditor activity. This type of filing can provide you with the peace of mind you are looking for.
Chapter 13 bankruptcy is the other form of bankruptcy, and is sometimes called “reorganization,” as this type allows you the chance to reorganize your debt. After you prove to the court you possess the income to repay your debts, you must submit a detailed repayment plan to the court to review. This plan will include your debts, income, and the length of your desired payment plan.
Before filing for bankruptcy, consult with our reputable and reliable bankruptcy lawyers. With any comments, questions, or to schedule a free consultation today, give us a call at 817-204-0900 or contact us online today.
Posted in Arlington Lawyer, Arlington TX Attorney, Bankruptcy, Chapter 13, Chapter 7 | Tags: arlington, arlington attorney, arlington bankruptcy lawyer, arlington texas, bankruptcy attorney, bankruptcy law, chapter 13 bankruptcy, chapter 7 bankruptcy, cmi means test, law offices arlington, settlement | Comments Closed