What is bankruptcy?

Bankruptcy allows individuals and businesses who have an overwhelming amount of debt to declare that they are unable to pay their debt. This allows the debtor to either eliminate their debt completely or create a repayment plan that is more realistic for their financial situation. Typically bankruptcy involves your choice of either a Chapter 7, a Chapter 13, a Chapter 11 or a Chapter 12. For more information about the services we provide and to schedule your free 30 min. consultation, contact the board certified bankruptcy attorneys in Clear Lake at 281-823-7016 or toll free at 888-512-6044.