The number of bankruptcies in the state of Texas and across the United States has been at an all time high over the past few years. The challenges to the economy have left individuals without jobs. The burst of the housing bubble has left owners owing more for a home than it is worth. In seeking relief, many believe their only hope is through filing bankruptcy. However, as a licensed Houston bankruptcy attorney I can tell you there are some special laws in the state of Texas that can keep you out of bankruptcy court while protecting your wages and primary home. By avoiding bankruptcy, you avoid the long term damage it can bring to your ability to borrow money.
No one enjoys calls from debt collectors. Many of these individuals receive a commission on the debts they collect. Often they use unethical practices to attempt to collect a debt from you. They might let you believe they are in the process of filing to garnish your paycheck. In other locations, this is often an option for the debt collector. However, the state of Texas does not allow garnishment of wages and limits the garnishment of commissions. The debt collector hopes you will make payments to avoid an action they cannot legally take. You need help from a Houston bankruptcy attorney. He can explain your rights to you and use those rights to stop the debt collector from harassing you and your family.
Your debt may also cause you to worry about your home. In other states, the debt collector can sue you for the unpaid bill and place a lien on the house in which you live. Texas law provides your primary home is a sanctuary and thus exempt from the collector’s attempts at forcing you to pay a debt using these tactics. As a Houston bankruptcy attorney, I’m very familiar with the intricacies of Texas law and how these statutes are written for the consumer’s protection.
Texas residents can find better options than bankruptcy for find debt relief. Other Houston bankruptcy attorneys will talk you into either Chapter 7 or Chapter 13. My experience allows me to provide advice to help you protect your assets, avoid wage garnishments, etc. I will give you insight into the special provisions of Texas bankruptcy code, ensuring your decisions have the minimal impact on your financial future.
Financial pressure can affect your mental and physical health. Even though you may feel hopeless in your situation, help is available. Remember, debt collectors may mislead you in the representation of your rights under the law. The first step to finding help is to schedule an appointment with your Houston bankruptcy attorney alternative. If you are a Texas resident call 1-888-982-8609
today to learn about your rights and options to stop the actions of collectors and bring you the peace of mind you deserve. Judge Jed offers options you might not hear discussed in the office of another Houston bankruptcy attorney.