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15
11. 2020

Can I File Bankruptcy If I’m Self Employed?

If you’re self-employed, filing bankruptcy may be a little different than if you were employed by another entity. However, you can still successfully eliminate your debt or reduce it and get more time to pay by filing bankruptcy. Here’s how.  Proving Your Income  Establishing your income as a sole proprietor is usually the most challenging Read More
03
10. 2020

Can a Person File Multiple Bankruptcy?

Filing for bankruptcy the first time can be a nerve-wracking and harrowing experience that you’d rather not repeat. However, it may not be possible to achieve your financial goals and get the fresh start you need with a single bankruptcy filing. Here’s what you should know about declaring bankruptcy more than once.  Filing Multiple Chapter Read More
30
09. 2020

After Filing For Bankruptcy, How Do I Build Back My Credit?

Starting Over After Bankruptcy Thanks to popular belief, you may assume that filing for bankruptcy destroys your credit forever and that you’ll never be able to buy a car or house again. However, this is far from the truth. Unfortunately, your credit will take a hit when you filing for bankruptcy of any type. That Read More
25
08. 2020

What Happens If I Hide Assets in a Texas Bankruptcy?

When filing for a Chapter 7 bankruptcy, you are required to make full disclosure of all assets that you own, including both exempt and nonexempt assets.  However, some people attempt to conceal assets or legitimately forget that they have them and end up leaving them out of the bankruptcy application. Here’s what could happen if Read More
23
06. 2020

What Is an Automatic Stay in Bankruptcy?

When you file for bankruptcy, something called an automatic stay goes into effect. Here’s what you should know about it if you’re considering declaring bankruptcy.  The Automatic Stay Defined  The automatic stay is a type of injunction that is initiated upon filing for Chapter 7, Chapter 13, or Chapter 11 bankruptcy. This injunction mandates that Read More
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SIMS BANKRUPTCY LAW BLOG

24 Mar
Bankruptcy
How to Avoid Falling Back Into Debt After Bankruptcy

Understanding how to avoid falling back into debt after bankruptcy is essential for building a stable and secure financial future. Bankruptcy provides relief from overwhelming financial pressure, but long-term success depends on the habits you build afterward. Without proper planning, it is possible to fall into the same financial patterns. By focusing on budgeting, mindful Read More

26 Feb
Bankruptcy Law
How to Manage Chapter 13 Payments Successfully

Learning how to manage Chapter 13 payments is one of the most important parts of completing bankruptcy successfully. Chapter 13 allows individuals to reorganize debt into a structured repayment plan while protecting essential assets. Although the process provides relief, staying consistent with payments requires planning, discipline, and clear financial habits. Understanding how repayment works helps Read More

30 Dec
keep property under Chapter 7
How Chapter 7 Protects Your Assets During Bankruptcy

Keep property under Chapter 7 is a concern for many Texans facing overwhelming debt. The fear of losing a home, a vehicle, or personal belongings often prevents people from considering bankruptcy. Chapter 7 bankruptcy is designed to eliminate most unsecured debts while still allowing individuals to keep essential property. By using a combination of Texas Read More

Sims Bankruptcy Law, PLLC is North Texas and Central Texas law firm helping individuals, families, and businesses through tough financial times. Whether this is your first time filing bankruptcy or you've filed in the past, you will receive a thorough free consultation and receive answers to all the questions you may have. We pride ourselves on being exceptionally responsive to you during this financial struggle.

Gain your life back and begin the road to financial recovery by calling or emailing us today. No two situations are alike and we will give your case the attention it deserves. Don't hesitate to begin the path forward.

Sims Bankruptcy Law, PLLC has many locations to best serve you and offers flexible appointment times morning, day or night to meet your busy schedule. Weekday or weekend, we are available to help you.

Are you facing foreclosure?
Have you gotten behind on payments to your car company?
Has a creditor sued you?
Are you tired of the harassing calls?
Do you have tax debt that just will not go away?
Have you gotten behind on credit cards payments and medical bills?
Lost your job and can't seem to get ahead?

If you answered yes to any of those questions, Sims Bankruptcy Law, PLLC can help.

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