Office: (713) 259-6877 | Fax: (713) 583-7062

Debt Relief Houston | Your trusted source for a financal path forward.

You and your family can’t keep dealing with crippling debt any longer.
Call our attorneys for a solution today.

713-259-6877

How Can We Help

Nothing fuels conflict, stress, and frustration like money issues. Finances can test even the strongest bonds of families, friendships, or even partnerships. Even when times seem 'good', it does not always mean that the money is there to cover all bills and expenses. Life happens, and an emergency, years of unfortunate choices, or even something like a global pandemic can put you over the edge.

Our law firm believes in the power of bankruptcy. It is not the scarlet 'B' we have come to believe it is and in all actuality can help you and your family or business get a fresh start. Contact Phillip Yates to discuss your options to get from under crippling debt and begin rebuilding your economic foundation today.

Stopping Evictions and Foreclosures
Stopping Bill Collectors
Keeping Your Vehicle
Medical Bills
Credit Card Bills
IRS Tax Debt
Wage Garnishments
Property Tax
Being Sued
Debt Settlement
Job Loss
Small Business Bankruptcy

YOUR OPTIONS

Chapter 7

Who:

Consumers who are not able to repay most or all of their accrued debt.

Pros & Cons:

  • The most common bankruptcy declaration filed
  • Non-exempt assets are sold to pay back creditors
  • Requires a means test to qualify
Chapter 13

Who:

Consumers with a reliable source of income and need a better way to repay the debt they owe while retaining their assets.

Pros & Cons:

  • Homes, cars, and non-exempt property are protected during the Chapter 13 bankruptcy process
  • Reasonable repayment terms (usually 3-5 years)
  • No income tests
  • Rebuild credit faster (usually 12 to 36 months)
Chapter 11

Who:

Businesses such as corporations, limited liability companies, and partnerships that are looking to create a plan to continue operations while providing payments to their creditors.

Pros & Cons:

  • Continue business operations
  • Make payments to various entities including stakeholders as well as state and federal tax organizations
  • Create plans to reduce the probability of filing for bankruptcy in the future
  • The repayment plan must be deemed fair and balanced to the creditors by the court

CONTACT US

You and your family can’t keep dealing with crippling debt any longer. Call our attorneys for a solution now.

713-259-6877

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