Bankruptcy Alternatives in Houston

Providing Debt Relief Solutions in Texas

When you are struggling to pay your bills, it can be hard to know what to do. You may be receiving calls from creditors or debt collectors, and you may be facing the threat of a home foreclosure or car repossession. You may be losing sleep over how to manage your debts and get back on track with your finances.

At the Grand Law Firm, we understand how overwhelming it can be to face these kinds of financial difficulties. We also know that bankruptcy is not the best option for everyone. That is why we offer a range of bankruptcy alternatives to help you find the right solution for your unique situation. Our Houston bankruptcy alternatives attorney can guide you through the process and help you choose the best path forward.

Call Grand Law Firm today at (504) 608-5208 or contact us online to learn more about how we can help you.

What Are Bankruptcy Alternatives?

Bankruptcy alternatives, also known as non-bankruptcy debt relief options, are solutions to help you get out of debt without filing for bankruptcy.

These alternatives can be a good option if:

• You do not qualify for bankruptcy
• You have a low amount of debt
• You have a high-income level
• You do not want bankruptcy to appear on your credit report

Bankruptcy alternatives can be a great way to reduce or eliminate your debts. They can also help you avoid the negative consequences of bankruptcy. However, these alternatives may not be as powerful as bankruptcy at dealing with certain types of debts, such as tax debts or secured debts.

Our Bankruptcy Alternatives Services in Houston

At the Grand Law Firm, we offer a range of debt relief solutions to help you get out of debt. Our Houston bankruptcy alternatives attorney can help you explore your options and choose the right solution for your unique situation.

Our bankruptcy alternatives services include:

• Chapter 7 Bankruptcy: This option allows you to eliminate unsecured debts, such as credit card debt and medical bills. Ideal for individuals with low income and limited assets, Chapter 7 bankruptcy lets you potentially retain your home, car, and other possessions through Texas’s bankruptcy exemptions.
• Chapter 13 Bankruptcy: This form of bankruptcy enables you to restructure your debts and create a repayment plan. You will make monthly payments to creditors over three to five years, and upon completing the plan, you may be able to discharge some remaining debts. Chapter 13 bankruptcy is suitable for those with higher incomes who are at risk of foreclosure or car repossession.
• Foreclosure Defense: If you are at risk of losing your home, we can assist by working with your lender to avoid foreclosure and help you remain in your home.
• Repossession Defense: We can negotiate with your lender to help you prevent repossession and retain your vehicle.
• Wage Garnishment: If your wages are being garnished, we can intervene to stop the garnishment and safeguard your earnings. Additionally, we can help you explore other strategies for managing your debts.
• Tax Debt Relief: For those with outstanding tax debts, we can negotiate settlements with the IRS to reduce your obligations and provide alternative strategies for managing tax debts.
• Creditor Harassment: If creditors are harassing you, our team can stop the harassment and protect your rights, while also assisting you in finding other debt management strategies.
• Student Loan Debt: If you are struggling with student loans, we can help you explore various options and choose the best solution for your situation, as well as provide strategies for managing student loan debts.

Get Started with a Consultation Today

If you are struggling with debt, it is important to remember that you have options. Bankruptcy is not the only way to get out of debt. Our Houston bankruptcy alternatives lawyers can help you explore your options and choose the right solution for your unique situation. We can help you find the path to a brighter financial future.

Call our firm today at (504) 608-5208 or contact us online to schedule a consultation with our team.