Asset Protection in Bankruptcy

Protecting Your Assets in Bankruptcy

Many consumers are reluctant to file bankruptcy because they fear the loss of assets, personal property and reputation. While filing without counsel and advocacy can be a risk, there are many ways to protect your personal property in bankruptcy. At Law Offices of Donald L. Wyatt, Jr,  PC, we serve clients in The Woodlands and throughout the Houston, Texas, area, working to achieve manageable debt relief solutions. As your attorneys, we will focus on protecting your rights and property in the bankruptcy process.

Exemptions and Property Protections

Under bankruptcy law, there are exemptions for certain personal property and investments, including real estate. It is important to work with an experienced attorney who can properly inventory your belongings and investments, and ensure that they are protected under Bankruptcy Code exemptions.

As experienced lawyers, we are abreast of all changes in bankruptcy law and can protect your interests through the bankruptcy process. Our asset protection in bankruptcy attorneys are experienced with protecting:

  • Personal property
  • Real estate
  • Vehicles
  • Investments/retirement savings

Stop Repossession With Bankruptcy

One of the immediate ways to put an end to the repossession of assets is to file bankruptcy. Filing Chapter 7 or Chapter 13 stops creditors from pursuing any of your possessions or debts. As your attorneys, we will review your individual circumstances and determine the most appropriate course of action to protect your assets and long-term financial interests.

Can I Keep My House in Bankruptcy? Call Now for an Initial Consultation

Whether you file under Chapter 7 or Chapter 13, the Bankruptcy Code is an important ally in making arrangements to retain your house. Filing under Chapter 7 can rehabilitate your finances in order to facilitate a reaffirmation of your home mortgage. Filing under Chapter 13 gives you the right to cure all defaults in your mortgage, pay those amounts over the course of a plan and reinstate your mortgage. Upon exiting Chapter 13, it is as though you never filed for bankruptcy with regard to your home.

When considering bankruptcy, you should work with an experienced lawyer who can review your case. Our attorneys offer affordable rates and work efficiently and effectively to deliver optimal results.

Call 281-419-8733 or contact us by e-mail to arrange an initial consultation or case evaluation. Let us help you explore your options and achieve the financial freedom you deserve.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.