Alva Wesley-Thomas & Associates, P.C., is a valuable resource for Texans looking for reliable information about debt relief. We offer dedicated legal counsel and representation when debt has become overwhelming. Bankruptcy can provide a much-needed financial “fresh start” in a time of debt crisis.

Stafford Chapter 7 Bankruptcy Lawyer · Chapter 13 Bankruptcy Attorney 

Residents of Stafford, Texas who are looking for the right information for bankruptcy and debt relief can trust Alva Wesley-Thomas & Associates P.C..  Whether you’re facing overwhelming debt or have received a notice of foreclosure from your lender, we can provide a highly experienced Stafford bankruptcy lawyer to help.  Our legal representation can be the difference between an ongoing struggle to pay your bills or getting relief and giving you a fresh start financially.

Is Bankruptcy Right for You?

Although you may be embarrassed or reluctant to consult with a Stafford bankruptcy attorney about your current financial situation, we can assure you that you will be treated with the utmost respect and compassion.  Just know that you are not alone where this is concerned.  As of March 2020, there were over 764,000 filings in 2019 (according to statistics released by the Administrative Office of the U.S. Courts).  In fact, bankruptcy could be the ideal solution for your particular financial situation. And we’ll hep you file for it.

Let Us Examine Your Financial Situation

Bankruptcy filings occur when individuals lose control of their finances.  In many cases, a person’s financial situation has gotten so bad that it doesn’t matter whether they keep track of their monthly expenses or not.  The bottom line is that there just isn’t enough money to ensure that everyone gets paid on time.  At Alva Wesley-Thomas & Associates P.C., we examine your current financial situation and help determine if bankruptcy is right for you. Additionally, there are plenty of aspects that have to considered as per your individual case requirements before any action can be taken. If you decide to work with us, we’ll do an evaluation of your case before proceeding further with it.

In most cases, a person’s expenses can typically be broken into the following categories as follows:

• Assets – everything you own (free and clear) and each item’s liquidation value
• Debts – your secured / unsecured debts; in other words, your home, vehicles, etc. / your credit cards, medical expenses, etc.
• Expenses – monthly household expenditures
• Income – your gross and net monthly income

Once these have been thoroughly reviewed by the debt relief lawyer team in Stafford, we can determine whether or not filing a Chapter 7 or Chapter 13 bankruptcy is right for you. Your best interests are a priority for us and we’ll do all that we can to ensure your rights are protected.

Is Debt Settlement a Better Option?

You may be wondering if consulting with a debt settlement attorney in Stafford is a better option than filing bankruptcy.  At Alva Wesley-Thomas & Associates P.C., we have learned from previous clients that many debt settlement companies defrauded them.  The basic premise of most debt settlement companies is the negotiation of a lump-sum payment.  In most cases, you’d be making monthly payments to that company until there are sufficient funds in your account to negotiate settlements with your creditors.

Debt settlement can take months.  The goal is to wear down the company you owe until they’re willing to accept a settlement of pennies on the dollar.  However, during settlement negotiations, you’ll probably still receive harassing collection calls and even get sued by creditors who don’t work with debt settlement companies.  When you file bankruptcy, Alva Wesley-Thomas & Associates P.C. will ensure that the harassing phone calls and threats of a lawsuit will stop.

For more information filing bankruptcy or to speak with a Stafford bankruptcy attorney, contact Alva Wesley-Thomas & Associates P.C. today at 713-278-0800.

We service the following zip codes in Stafford, TX and all surrounding areas: 77477, 77497.