Monte Alto, TX Bankruptcy Law Firms & Lawyers

A better question is if, under your circumstances, filing bankruptcy is warranted. It is a big decision and has effect long into the future. I would seek counsel and advice prior to making a decision.

In general, if your lawyer makes a mistake, you can make a claim against his malpractice insurance, file a bar complaint, and/or sue the attorney. I'm not sure where you are in the process or what has been done, but it might be advisable to sit down with the attorney and ask him directly what he intends to do to fix the mistake.

There is so much misinformation, most of it urban legend, about what a discharged debtor can and cannot do. There is nothing preventing you from borrowing, refinancing or doing anything else post-discharge. The impediment is the other side of the transaction. Banks often will not lend to those who have filed a Chapter 7 case, at least on terms that don't punish the former debtor for their "transgressions." Bankruptcy itself does not prevent you from refinancing for ten years. A bankruptcy stays on your credit for ten years and thus makes it harder to get a loan, refinance a loan or do anything else that involves checking your credit report. By the way, anyone who promises you to get your bankruptcy removed from your credit report in exchange for a fee is both a liar and a crook that should be avoided and reported to the authorities. Good luck and expect to pay a higher rate than what borrowers with good credit pay.