AV Preeminent Peer Rated Attorneys
Kress Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
AV Preeminent Peer Rated Attorneys
Kress Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Kress Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
  • Serving Plainview, TX

  • Law Firm with 6 lawyers2 awards

  • We stand for experience, excellence, and success.

  • Bankruptcy LawyersCivil Litigation, Personal Injury Defense, and 1 more

  • 621 Baltimore St., Plainview, TX 79072-8027

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Looking for Bankruptcy Lawyers in Kress?

Bankruptcy lawyers help individuals and businesses find relief from overwhelming debt. They analyze your financial situation and guide you through processes like Chapter 7 liquidation or Chapter 13 reorganization. Their goal is to stop creditor harassment, protect your assets, and provide a legal path to a fresh financial start.

About our Bankruptcy Lawyers Ratings

The average lawyer rating is created by peers based on legal expertise, ethical standards, quality of service, and relationship skills. Recommendations are made by real clients.

CLIENT RECOMMENDED
84 %

6 Client Reviews

PEER REVIEWS
4.8

9 Peer Reviews

Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

If I file chapter 7, will my husband be responsible for my debts. Or is divorce a better option?

Richard B. Jacobson
Answered by attorney Richard B. Jacobson (Unclaimed Profile)
Bankruptcy lawyer at Richard B. Jacobson Associates, LLC
These are weighty decisions which cannot be made by email advice. You would benefit most from consulting a lawyer who practices both family law and bankruptcy and there are a fair number of them around Wisconsin.
These are weighty decisions which cannot be made by email advice. You would benefit most from consulting a lawyer who practices both family law and bankruptcy and there are a fair number of them around Wisconsin.
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Is there any possible way to keep a car when filing a chapter 7?

Answered by attorney Christopher J. Kane
Bankruptcy lawyer at Christopher J. Kane, P.C.
As long as you keep your payments current on the auto loan the lender cannot repossess it. The issue in bankruptcy will be whether you have any equity in the car, whether the car is worth more than you owe on the loan. You are entitled to a $3,000 "exemption" on the equity in the car. If you have less than $3,000 in equity, then the bankruptcy Trustee will not take an interest in the vehicle. If have more than $3,000 in equity (you have "non-exempt equity") than you can work a deal with the Trustee to pay the Trustee the amount of the non-exempt equity and keep the car.
As long as you keep your payments current on the auto loan the lender cannot repossess it. The issue in bankruptcy will be whether you have any equity in the car, whether the car is worth more than you owe on the loan. You are entitled to a $3,000 "exemption" on the equity in the car. If you have less than $3,000 in equity, then the bankruptcy Trustee will not take an interest in the vehicle. If have more than $3,000 in equity (you have "non-exempt equity") than you can work a deal with the Trustee to pay the Trustee the amount of the non-exempt equity and keep the car.
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Can my daughter file bankruptcy with her loans?

Jennifer Jakob-Barnes
Answered by attorney Jennifer Jakob-Barnes (Unclaimed Profile)
Bankruptcy lawyer at Jakob-Barnes Law Firm, LLC
Yes your daughter can file bankruptcy. Any loans that you are cosigned on, you will still be responsible. Also student loans are rarely discharged in bankruptcy.
Yes your daughter can file bankruptcy. Any loans that you are cosigned on, you will still be responsible. Also student loans are rarely discharged in bankruptcy.
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