Stop Creditor Lawsuits With Bankruptcy

If you are being sued by a creditor or already have a judgment against you, bankruptcy may be able to bring much needed debt relief. Once you file a bankruptcy petition, an automatic stay goes into effect. This will immediately halt any creditor's pending lawsuits against you, prohibit other creditors from starting new lawsuits against you, and stop any judgments that have been ordered against you. In some cases, you may even be able to recoup money you have already paid in a judgment order.

Ending Creditor Lawsuits And Eliminating Judgments

Many individuals put off contacting a bankruptcy attorney until they receive notice of a lawsuit and can no longer ignore their financial problems. At Gipson, Norman & Root, we understand that bankruptcy can seem frightening, but if you are being sued by a creditor or have a judgment against you, it is important that you give us a call. We will help you understand the bankruptcy laws and how you can protect yourself from complete financial ruin.

When we meet, we will discuss your options under Chapter 7 and Chapter 13 bankruptcies to help decide which, if either, is right for you. In Chapter 7, you may be able to discharge all of your debt, including judgments, and stop your current creditors from ever suing you again. If your income or other factors disqualify you from Chapter 7, then Chapter 13 may be the right option. Chapter 13 will restructure your debt into an affordable three- to five-year repayment plan, after which point any eligible remaining debt is forgiven.

Contact Our Galveston, Texas, Bankruptcy Attorney

Contact our office at 281-823-7016 or 888-512-6044 to schedule a free 30-minute consultation with our experienced lawyer.

Gipson, Norman & Root is a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code.