San Antonio Chapter 7 Bankruptcy Attorney
The Chapter 7 PLAN is an alternative to the Chapter 13 debt Consolidation PLAN. (Learn more about a C13-PLAN™.) If you cannot afford the lower, interest-free monthly payment with the Chapter 13 debt Consolidation PLAN, for example because of a job loss or inability to work because of an illness or injury then we look at the Chapter 7 PLAN for you. The basic purpose of the Chapter 7 PLAN is to legally eliminate all your unsecured bills and allow you to Get a Financial Fresh Start.™ An unsecured bill is generally any bill that is not secured with collateral such as medical bills, credit card bills, signature personal loans, non-collateralized bank loans, etc.
The Vasquez Law Firm can help you file for bankruptcy under this code. Attoryney Ruben Vasquez has helped thousands of people just like you file under this Chapter 7 PLAN, if there are certain secured (i.e. collateralized) bills you want to continue paying such as your house or your car, we can set this up for you. This way you only eliminate all your other unsecured bills like credit cards, medical bills and personal loans.
Our Chapter 7 bankruptcy PLAN has other benefits as well. At your free initial, no obligation – confidential consultation, your attorney will sit down with you in private and help you decide which plan works best for you and your family. But again keep in mind that you are not obligated to do anything.
A Chapter 7 bankruptcy PLAN is for individuals and small businesses wishing to eliminate their debt who cannot afford to pay the lower, interest-free monthly payment under the Chapter 13 debt Consolidation PLAN.
The Chapter 7 bankruptcy PLAN will eliminate (i.e discharge) unsecured debt such as credit card debt, medical bills, most personal loans, judgments resulting from car accidents, repossessed vehicle debt, some older tax debt (over three (3) years old), payday loans, garnishments and many other bills.
Certain bills however, may not be discharged with a Chapter 7 bankruptcy PLAN such as car payments and house payments unless you don’t want to continue paying these bills. If you would not want to continue paying these secured bills, then you can surrender them, in full satisfaction, to the lender creditor and owe nothing. Your attorney will be glad to discuss the specifics of your case at your free initial, no obligation – confidential consultation.
The Procedure (i.e. Process) of how the Chapter 7 bankrupty PLAN works; Seven (7) Easy Steps.
“At the end of every Seventh (7) year you are to Cancel the debt of those who owe you money.” Deuteronomy 15:1
Step One (1): Call to set up your free initial, no obligation – confidential consultation.
Call attorney Ruben Vasquez at our office direct at (210) 229-2067 and set up your free initial, no obligation – confidential consultation. At your scheduled initial meeting, we will discuss with you the details of your proposed Chapter 7 PLAN. If you like the Chapter 7 PLAN, then our office will give you a different appointment to review and sign the Chapter 7 PLAN.
Step Two (2): Easy Phone/Internet Credit Counseling
At this point, if you haven’t already done so you will need to do an easy phone/internet credit counseling session that is required before we can file your Chapter 7 PLAN. Once the easy phone/internet credit counseling is done, our office will receive a certificate acknowledging that you and your spouse, if any, have completed the easy phone/internet credit counseling. This easy phone/internet credit counseling may be done at our office the same day you come in to sign your Chapter 7 PLAN.
Step Three (3): Signing of the Chapter 7 PLAN
At your second appointment at our office, you and your attorney will review all the information and make any changes needed. You and your spouse, if any, will sign the Chapter 7 PLAN. Once signed, we are ready to file your Chapter 7 PLAN with the court. The date we choose to file your Chapter 7 PLAN will be discussed with your attorney. If it is decided for some reason that we will not file the Chapter 7 PLAN until some later time in the month, you will not have to return to our office. We will file the signed Chapter 7 PLAN when that mutually agreed date comes. Then we send a copy notice to you, the court, the trustee, and all your creditors so they will immediately stop harassing you.
Step Four (4): Attend the Meeting of Creditors or 341 with your Attorney.
Once your Chapter 7 PLAN is filed, the federal court will issue an automatic stay immediately (an order, stopping all your creditors from taking any further collection efforts or legal action against you, including foreclosure or vehicle repossession). The court will then set a date for an informal meeting called a meeting of creditors or a 341 meeting. The name is deceiving because in practice most often (about 99% of the time) no creditors show up so the meeting is usually just between you, your attorney and the trustee. This meeting usually takes place about one (1) month after we file the Chapter 7 PLAN for you. The trustee will ask you a few questions to verify the information you put in your Chapter 7 PLAN. The meeting, once you are called is very fast, usually about ten (10) minutes. However for personal and work purposes, anticipate at least one (1) hour of your time since we don’t know exactly when they will call you at your scheduled hourly time.
Step Five (5): Easy Phone/Internet Financial Management Seminar
Sometime after the filing of your Chapter 7 PLAN and before the date the court sets to issue your discharge order, you will need to complete a required but easy phone/internet financial management seminar, much like the easy phone/internet credit counseling you completed when we first filed your Chapter 7 PLAN. Generally, our clients choose to do this seminar with the same company that provided the easy phone/internet credit counseling. We recommend that you try to complete this requirement as soon as you can sometime after we file your Chapter 7 PLAN. This easy phone/internet financial management seminar will discuss easy steps that you can implement in order to get your financial health back of tract. Like the easy phone/internet credit counseling, you will be given a certificate that will be delivered to our office for safe keeping and to be filed with the court.
Step Six (6): Discharge Order
In about four (4) to six (6) months after we file your Chapter 7 PLAN, the federal court will issue an order called a discharge. This discharge order is very important since it will protect you and all your family and children from creditors ever seeking to collect any balance that was legally eliminated or bills that were forgiven as a result of your Chapter 7 PLAN filing. Our office will send you a copy of your discharge order for your secured safe-keeping. At this point, congratulations are in order since you have completely eliminated your debt and have achieved financial freedom.
Step Seven (7): Referrals and Recommendations
If you liked our services and treatment toward you and your family, we respectfully ask that you refer and recommend us to all your friends and family who may also need the benefit of our debt relief services. Tell them to Call our Free twenty-four (24) hour automated phone line at (210) C13-PLAN™ (213-7526) to learn more on how they too, may eliminate their debt and Get a Financial Fresh Start.™
Remember we are always here at your service. Thank you for allowing us, The Vasquez Law Firm, the opportunity and the privilege to serve all your debt relief needs and may God bless you.
Respectfully, Ruben E. Vasquez, Esq., for the Firm
How do I get Started?
It is very easy to get started. Call our office direct at (210) 229-2067 and set up your free initial, no obligation – confidential consultation. Then we’ll take it from there. We will sit down with you in private and show you exactly how the PLAN works in order to allow you to make an informed decision. We promise to help you find a plan that is best for you and your family. (See our Ten Point Promise.) Thank you for allowing The Vasquez Law Firm, the opportunity and the privilege to serve all your debt relief needs.
We can help bring you peace of mind.
* A debtor (i.e. Individual and/or Small Business) may be exempt from having to complete the easy phone/internet credit counseling and/or the easy financial management seminar if the debt is mostly business debt and not consumer debt. We will be glad to discuss the requirement(s) for you and your small business at your free initial, no obligation – confidential consultation.
Incorporated small businesses that file a Chapter 7 PLAN are exempt from having to complete the easy phone/internet credit counseling and the easy phone/internet financial management seminar. We will be glad to discuss the requirement(s) for you and your small business at your free initial, no obligation – confidential consultation.