Bankruptcy Information

Chapter 7 Bankruptcy

Fort Worth Chapter 7 Bankruptcy Lawyers

Many people are concerned they may lose their house, motor vehicles and other property by filing Chapter 7. However, in most circumstances this is not true. Most people filing Chapter 7 bankruptcy get to keep all of their property. Bankruptcy law is a complicated area of law. New laws have made it more difficult to file Chapter 7 Bankruptcy, however, it is still possible. The Law Office of Jim Morrison, P.C. helps individuals navigate through the confusing process of personal bankruptcy to get a fresh start on their finances.

Do you have questions about Chapter 7 Bankruptcy? Contact the Law Office of Jim Morrison, P.C. today to arrange your free consultation. His experience has helped thousands of people get relief from their debts.

Qualifying for Chapter 7 Relief

In order to qualify for Chapter 7 relief, individuals are required to show they do not have the ability to repay their debts. New bankruptcy laws require individuals to undergo a means test. This test determines a person's disposable income. Obtaining eligibility for filing Chapter 7 Bankruptcy has been made more difficult under strict rules. Our firm has been successful in representing many clients in Chapter 7 Bankruptcy. In your initial consultation with our firm, we can discuss the various options available to you. We will discuss your debts and what your are trying to accomplish.

We are your advocates throughout the bankruptcy process. A trustee from the U.S. Trustees Office will be appointed to your case. A trustee is a court-appointed official who will liquidate your non-exempt assets and distribute the proceeds to your creditors. Our firm is highly skilled in protecting your property from liquidation.