A Fresh Start
With Bankruptcy

A Fresh Start
With Bankruptcy

What Happens To My Debts?

Although the bankruptcy laws changed in October 2005, most people who were eligible to do so can still file for Chapter 7 bankruptcy. This lifts most debts from your shoulders. Under the alternative, Chapter 13 bankruptcy, you agree to a repayment plan that can include a partial release of your debt burden and easier payment terms. In most cases, under both Chapter 7 and Chapter 13, you can keep the property that is most important to you such as your house or vehicle.

From his law firm in Lufkin, Texas, attorney Stephen Zayler advises and represents individuals in bankruptcy matters. He has helped thousands of people get a fresh financial start. While some debts can be completely discharged, others cannot. If you are looking for debt relief and bankruptcy help, Law Office of Stephen J. Zayler can provide answers. Attorney Stephen Zayler can inform you of your bankruptcy options and the possible debt relief results.

What Debts Cannot Be Discharged In A Bankruptcy?

Some debts cannot be discharged. For example, you cannot discharge debts for:

  • Most taxes
  • Child support
  • Alimony
  • Most student loans
  • Court fines and criminal restitution
  • Personal injury caused by driving drunk or under the influence of drugs

Can The Court Or My Creditors Prevent Me From Discharging My Debts?

If the judge finds that you received money or property by fraud, that debt may not be discharged. It is important to list all your property and debts in your bankruptcy schedules. If you do not list a debt, for example, it is possible the debt will not be discharged. The judge can also deny your discharge if you do something dishonest in connection with your bankruptcy case, such as destroy or hide property, falsify records, lie, or if you disobey a court order.

You can only receive a Chapter 7 discharge once every eight years. No one can make you pay a debt that has been discharged, but you may voluntarily pay any debt you wish to pay.

Looking For Debt Relief And Bankruptcy Help?

Attorney Stephen Zayler may be able to help you. For a free initial consultation with a bankruptcy law attorney, call 936-755-5002 or contact him online.

Law Office of Stephen J. Zayler is a debt relief agency. He helps people file for bankruptcy relief under the bankruptcy code.