Colorado County Bankruptcy Lawyer

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The firm of Busby & Associates is able to offer bankruptcy assistance to the residents of Colorado County, Texas, who are facing or have already started the foreclosure process on their home. Financial institutions are required to give residents a 20 day notice via first class or certified mail before they can move forward with a sale on the home. In Texas, foreclosure auctions take place the 1st Tuesday of each month. Colorado County residents may be able to file a Chapter 13 bankruptcy which immediately stops the foreclosure process and gives them the opportunity over a 5 year period to satisfy all back payments. If there is a 2nd loan on the home but no property equity because of the 1st loan then home owners are eligible to only have to pay pennies on the dollar while the 2nd note is being discharged and released. All association fees and property taxed can be included in the bankruptcy to avoid losing the home to foreclosure.

Repossession of a Vehicle

Those in danger of having their vehicle repossessed through one of the dealerships listed below should immediately contact an attorney at Busby & Associates so they can provide legal assistance and help them retain their property. Individuals can file a Chapter 13 bankruptcy which allows the vehicle to be appraised for its fair market value which becomes the new amount due instead of what is owed. Another option that can be used separately or in conjunction is to have the interest rate lowered to around 5% instead of the higher rate on the note. In the event that the vehicle has already been repossessed there is a 10 day window in Texas during which the owner can file an emergency Chapter 13 bankruptcy. This process allows the individual to pay the amount in arrears and keep possession of the vehicle.

Car dealerships in Colorado County, Texas:Columbus Country, Columbus Dodge, Columbus Country Dodge Chrysler Jeep, Columbus Country Kevin Coffrey’s, Eagle Tractor Parts Co.

Mobile HomeBank Notes

Falling behind on a mobile home bank note can create serious issues regarding your living arrangements at one of the parks listed below unless you work with a legal representative from Busby & Associates who can help by providing options. If you file a Chapter 13 bankruptcy then a petition can be extended to have the mobile home appraised so that all you owe is the value based on the current market instead of the ‘owed’ amount. It is important to note that this lower amount must be paid within a 5 year time period instead of the general 15 to 30 years normally seen in home loans.

Mobile home parks in Colorado County, Texas: Thousands Trails Colorado River, Briarwood Estates, Colorado Landing RV Mobile, Cozy Acres Mobile Park, Seabourne Place Mobile Home Park, County Aire Mobile Home Park.

Credit Card Suits

Residents of Colorado County, Texas, who are facing a credit card lawsuit in one of the Justice of the Peace Courts shown below should contact a Busby & Associate attorney to see if they qualify for a Chapter 7 bankruptcy. To be eligible for this specific type of filing individuals are assessed by their income rangeplus total amount of unsecured debt including medical bills, credit cards, non-payment of vehicle repossession, etc. The attorney can help with the assessment followed by the filing and once approved all debt can be discharged in as little as 4 months. This allows you to start fresh with an updated credit report and a clean slate.

Justice of the Peace Courts:

  • Colorado County Justice of the Peace Court: Precinct 1
  • Colorado County Justice of the Peace Court: Precinct 2
  • Colorado County Justice of the Peace Court: Precinct 3
  • Colorado County Justice of the Peace Court: Precinct 4

Bankruptcy Need to Know Info:

Colorado County, Texas, residents will attend Bankruptcy Court at 515 Rusk, Houston, Texas 77002. The two trustees for Chapter 13 and eight trustees for Chapter 7 filings are located at the Southern District of Texas/Houston Division. Please be advised that bankruptcy is Federal Law.

Busby & Associates Information:

This firm provides legal service and bankruptcy assistance to the following areas in Texas:

Cities within Colorado County – Alleyton, Altair, Bernardo, Boedecker Junction, Borden, Chesterville, Columbus, Eagle Lake, Frelsburg, Garwood, Glidden, Hillcrest, Hoefner, Matthews, Mentz, Nada, Oakland, Sheridan, Weimar, and Rock Island.

Texas Counties – Austin, Brazoria,Brazos, Chambers, Colorado, Fayette, Fort Bend, Galveston, Grimes, Harris, Madison, Matagorda, Montgomery, San Jacinto, Walker, Waller, and Wharton.

Please visit our website for more information about us or view our video with Bankruptcy Information.

Residents can contact our firm at (713) 974-1151 or email us at consumerlaw@busby-lee.com to schedule a no-obligation consultation to discuss your bankruptcy or legal options.