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Judith A. Swift
Free Consultations 214.696.6200

Practice Areas: Chapter 7, 11, 13 Bankruptcy

Dallas Bankruptcy Law Firm

The current economic situation throughout the U.S. has created many financial setbacks for both individuals and businesses. While filing bankruptcy is never an easy decision, in many cases it provides the right solution to achieve a fresh start. I have spent close to three decades focusing exclusively on bankruptcy matters for individuals and businesses anywhere in the Northern or Eastern districts of Texas.

Chapter 7 bankruptcy

Chapter 7 bankruptcy is available to individuals who earn less than the state median income. There is no repayment plan in Chapter 7. A trustee is appointed to liquidate non-exempt property and the proceeds are paid to creditors. Texas has very generous exemption laws, so most individuals can exempt most or all their property. Businesses can also file Chapter 7. Chapter 7 is appropriate for a business that does not want to continue to operate. I am a board certified attorney in both business and consumer bankruptcy and I can guide you through the entire process. Call my north Dallas office for a free consultation.

Chapter 11 business bankruptcy

Chapter 11 is open to all businesses without regard to size or any debt limitation. It enables companies to restructure secured debt, reduce unsecured debts, and continue in operation. It is a very complex process which must be custom tailored to suit the needs of your specific business. The goal of Chapter 11 is to propose a plan of reorganization which allows the business to restructure secured debts, reduce the amount due to unsecured creditors, extend the length of loans, move to a better or  cheaper location, liquidate or give back unneeded equipment and a host of other options for returning profitability to a struggling business. If the Plan of Reorganization receives the vote of enough creditors and is approved by the Court, the newly reogranized business continues operations as restructured through the Plan. As a board-certified business bankruptcy attorney, I bring my years of experience and expertise to guide you through this complex process.

Chapter 13 bankruptcy

Chapter 13 bankruptcy is available to individuals and sole proprietorship business within certain debt limitations. Chapter 13 permits debtors to reduce and restructure many debts through a three to five year repayment plan. Chapter 13 also permits individuals to keep non-exempt property which would be sold by a trustee in Chapter 7 by paying their creditors the value of that property through a Chapter 13 plan. It also allows people to pay mortgage arrearages, back child support and taxes.

An attorney board certified in both Business and Consumer bankruptcy by the Texas Board of Legal Specilization

Each form of bankruptcy operates on strict legal requirements. Any errors can stop a filing in its tracks or result in unexpected changes ordered by bankruptcy courts. I am a board certified bankruptcy attorney who has the skills and experience to help find the right solutions and address all details needed to help you work toward financial freedom. By the end of your free consultation, you can gain a clear understanding of whether bankruptcy or another solution is right for you—and exactly what to do next. Call me at 214-696-6200, send an email, or stop by my office to find the fresh start you need.

A message from Judith...

I say welcome, and mean it, but I know you would love to be doing something else right now, anything but reviewing Dallas bankruptcy attorney sites. I do know how you are feeling. I have helped thousands of people who found themselves in your exact situation and are now over the ordeal and enjoying their lives again. They have been given a fresh start in life. After all, that is what the bankruptcy laws were designed to do - allow you to start over.