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Bankruptcy Overview

Texas Bankruptcy Attorneys

"If you call our law firm seeking advice about a bankruptcy matter and I am in the office, the staff has instructions to connect you with me immediately. I like to be the first to talk to a prospective client and assure them I will be his or her attorney through the whole process. If I am not here, another associate will speak to you who is also a lawyer. When you come in for a consultation, I do more than just give you a packet of information to fill out. We'll crunch the numbers. I am familiar with your case every step of the way."— Carey Thompson, Attorney, Coats & Todd

Filing for bankruptcy is a difficult decision. You want to honor your obligations but you know that you financially cannot keep your head above water. Whatever the reason for your financial distress — for example, job loss or unexpected medical expenses — bankruptcy gives you the chance to make a fresh start.

At The Law Offices of Coats & Todd, we will help you understand your options and choose what works best for you. We will give you our honest opinion, even if that means bankruptcy is not the solution for you.

Bankruptcy is a process of restructuring or eliminating your secured and unsecured debt. It stops creditor actions against you, including harassment, foreclosure and collection actions.

We will meet with you for a free consultation to review your finances. We will discuss Chapter 7 and Chapter 13 bankruptcy, and we will determine which is your best option. We will also advise you if a non-bankruptcy alternative is your best option.

You may have many questions such as:

  • Can I keep my house and car?
  • Do I qualify for Chapter 7 or Chapter 13?
  • Can I stop the creditor calls?

We work with clients in Plano, Richardson and throughout Texas to get a financial fresh start. We will answer your questions and discuss debt relief alternatives, including settling with credit card companies on your own and exemption planning. To make an appointment, please call 972-671-9922 or send us an e-mail.

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