Bankruptcy is a federal procedure that allows a person to get a fresh start from debt. If the person qualifies he can caught up on behind payments, eliminate all debt or in some cases do a payment plan.

Without entering in all the legal details, the filing of Bankruptcy is a right. Every person can file for a relief of the Bankruptcy protections. Business, corporations and other entities have different requirements that are outside of this general information. Most people can file for a liquidation or reorganization of debts.

1. Unsecured debts: medical bills, credit cards, personal loans, tolls, payday loans. This debts will be discharged in the majority of the cases.

2. Secured/priority debts: Taxes, student loans, child support, mortgage payments, vehicle payments

1. Liquidation: A Bankruptcy under a Chapter 7, called a “Straight Bankruptcy”, the nonexempted property of the person filing is distributed among the creditors.

2. Reorganization: A Chapter 13, called “Reorganization Bankruptcy”, the debtor has to propose a plan of how the debts are going to be paid. This plan is usually in the term of 3 to 5 years and allows you to cure any deficiency or arrears on mortgage or secure debts.

That information can be found on the documents section of this page. Bring all the documents and the information in the questionnaire or send it. Those are the initial steps to your economic solution.

1. Initial Consultation Agreement

2. Documents Required Checklist

3. Client Questionnaire

We prefer the email way as we can keep record of the notes. On the web page use the contact us link to leave an instant message. You can email us at ocrlegal@gmail.com and/or call us 24/7 at (469) 389 – 8877. We also offer the text message service and WhatsApp at the same number. Don’t waste any second, you could regain your peace sooner than you think.