Learn The Truth About Chapter 7 Bankruptcy

The idea of filing for bankruptcy can invoke many emotions. You have heard that Chapter 7 bankruptcy will give you a “fresh financial start.” At the same time, you worry that your credit will be hurt and your financial situation will go even further south than it is right now.

NOTHING COULD BE FURTHER FROM THE TRUTH! WE CAN HELP YOU.

Yes, bankruptcy will give you a fresh financial start. No, it does not destroy your credit. Although a bit counter-intuitive, after filing bankruptcy your debt to income ratio will do a complete 180. You will no longer be considered as a high risk to default on future loans. As a result, your credit score should rise dramatically within weeks after filing.

Thousands of people across the country file bankruptcy every single day due to large credit card debt, extensive medical bills, job loss, fear of losing their home or cars, and other burdensome debts. Filing Chapter 7 bankruptcy helps you get back on your feet and build a fresh financial future while protecting the assets you have worked hard to acquire.

Our legal team understands what you are going through. We will take the time to answer your questions and discuss your options. Since 1974, we have been dedicated to providing compassionate, knowledgeable bankruptcy advice for people throughout North Texas. Please contact us for a free and confidential consultation at one of our convenient law offices.

Why File Chapter 7 Bankruptcy?

We often recommend Chapter 7 bankruptcy for our clients that qualify. Typically, it gets you back on your feet very quickly. In a Chapter 7, we normally file your bankruptcy and have your meeting with the Trustee within 30 days. You should receive your discharge within 60 days thereafter and you will be out of bankruptcy speeding down the road to financial recovery and away from the stress of debt.

Contact Our Experienced Chapter 7 Bankruptcy Attorneys

You do not risk anything when you schedule a free consultation with Pelley Law Office, L.L.P. You will be under no obligation to hire us after speaking with Mr. Pelley. During that consultation, he will evaluate your situation and discuss all of your debt relief options, including Chapter 7 and Chapter 13 bankruptcy. Please call 972-608-0335 or contact us online today to learn how we can help.

The most accurate way of predicting attorneys’ performance in the future is to examine the results they have achieved in the past.

Client Testimonials

We were referred to the Pelley Law Firm by our financial advisor. What good advice that turned out to be. From the business office to the paralegals (Sarah was ours) and all the attorneys (Richard and Quinton) we were treated great. We were shown respect and understanding during our time of financial stress. And they solved our problem. They kept us up to date and informed about everything that was going on. The end result was just what we needed to continue on with our life with much less stress. There is no doubt that given the chance we will easily refer The Pelley Group at every opportunity. They did us a great service. So thanks all of you at the law firm. - B. M.
We had gone to several different lawyers. After talking to us for only two minutes, they all said the same thing - that they didn't see how we could qualify for a Chapter 7 bankruptcy. They did not listen to us or to the details of our situation. So...we were depressed and in despair when we walked into the Pelley Law Office. We had gone through a lot of life changes and we weren't able to keep up with everything. But as soon as we sat down in their waiting area, they came out of their offices and talked to us. They listened. They made us feel welcome and gave us hope. Even before getting out of the waiting area, they described options and solutions that eased our fears. As soon as we signed up for their services, Pelley's team took complete control of our situation. I vividly remember Sarah telling us that, "You no longer have to worry about anything. That's our job now." And she was right. She had complete mastery of the process. She explained each step along the way. She looked at every detail in our life and agreed (where others didn't) that a Chapter 7 bankruptcy was indeed the best solution. She was extremely patient with our anxiety and our repeated questions. She even showed up with Mr. Pelley to comfort us at our hearing. We highly recommend Pelley Law Office. They went out of their way to work for us and to help us. They respected us and didn't make us feel bad for the situation we were in. They fought for us not the corporations. They gave us our lives back. Thanks so much!- C.A. & T.A.

I am very pleased to endorse the law office of Mr. Pelley. Mr. Pelley and his team of professionals were instrumental in giving me a peace of mind that had been absent in my household for 10 years. My bankruptcy case was a bit of a challenge in that I have a high income and my home property is paid for. I was overlooked by 3 other law offices before seeing Mr. Pelley. I was immediately impressed with his professionalism and confidence while we presented our case to him. In a matter of 15 minutes he presented an outline of steps his team and I were going to take in order to resolve my issue. He was open about possible alternatives in the event our first option didn't materialize. It was a learning experience that was made much easier by the talent of professionals that work with Mr. Pelley. Our cased proceeded just as Mr. Pelley outlined it in that first meeting. I am forever thankful for his guidance and professionalism. I wouldn't hesitate to recommend the offices of Mr. Pelley to my family and friends...- J.G.

Legal Issue? I don't have one, very much due to a role played by a certain Mr. Quinton Pelley, Esq. It has been five years, a month and a few days since an event took place in my life that no one, to this day has understood, myself included.The family that Lord has given me does not often speak of you, Quinton, but when we do, we speak of you fondly. Much has changed since we first, all for the better...- P.R.
I've been very impressed with the level of professionalism provided by Pelley Law Office. I've not only received expert legal advice, but the entire staff has also treated me with dignity and respect. I've especially appreciated the prompt responses I've received from Christy Layer, a paralegal with the firm, whenever I've had questions. She's always there to help. Obviously, no one wants to face bankruptcy, but if it happens, Rick Pelley is the one to call.- B.L.
YOU ARE THE MAN!C.S.
We're so thankful to Pelley for making a very painful decision a little easier to bear. We're so happy to have a fresh start! Thanks again for everything!GL

From a Mother & Father – Thank you for taking care of our son in court. He was visibly shaking when the other side showed up today. Until that point he was doing just fine. You took him under your wing and protected him and his son. There are no words to express our gratitude. - C.K. & S. K

We were new to Texas and in a difficult financial position. We were embarrassed to have to make the decision to file bankruptcy, however it was necessary. We met with the attorney at Pelley Law and knew we had found the people who were going to help us through this trying time. Our attorney was available to us and explained the process step by step so that there were never any surprises. Our Paralegal was awesome! Sarah was responsive to our many emails and questions and did not ever make us feel like we were a bother. They even went above and beyond to helped us complete the sale on our home in California. They did not have to do that, but they did and they did it effectively and efficiently. I could not recommend a better law firm.-G.J.
Thank you Quinton! You're the best attorney I know!-A.C.

A former spouse tried to have our client arrested by falsely claiming he molested their daughter during the marriage in order to gain full custody of their child and to prevent him from having access to the child. We not only avoided the criminal prosecution, but also gained the father possession and access to his minor daughter through the family law court. - A.V.

This was an Attorney General Child support case where the father, a disabled veteran, owed in excess of $25,000 plus penalties and interest in back child support. At the hearing, delinquent support was reduced by over $12,000 and all penalties and interest were vacated. Reasonable payments toward the delinquency within the father's budget were set.- J.O.
From a Mother & Father - Thank you for taking care of our son in court. He was visibly shaking when the other side showed up today. Until that point he was doing just fine. You took him under your wing and protected him and his son. There are no words to express our gratitude.-B.D.R.

Our client ceased payments of agreed spousal support upon remarriage of his ex-spouse. Following another argument, the ex-spouse filed a Motion for Enforcement. At trial, the Court requested briefs that both parties provided to the Court. The Court ruled that the spousal support was unenforceable. The ex-spouse appealed, and that Court requested additional briefs. The appeals court ruled in favor of our client and ordered the ex-wife to reimburse our client for costs and expenses.R.P.

Note from a Divorce Client -- "Again, I want to thank you so much for your time and work you've put into my case. I have full confidence in Mr. Pelley and want you to know how thankful I am to have put my trust in you."- R.S.
Thank you for getting us through a difficult time. Your assurance and guidance made it more tolerable for us. You are exceptional at trust-building. We truly appreciate all you did for us! - S.B.

This was an incredible case where we won custody for a minor child for a brother over his biological father. The mother of minor female child died leaving the father as the only living conservator. The child wanted to live with his older brother rather than the father. We intervened and requested the Court for primary custody of the child. The father contested and the case was set for trial. Our client (the brother) was appointed sole managing conservator of the child with father's rights and privileges subject to approval of brother and the child.- R.W.

Our client owed in excess of $80K in back child support and a lot of credit card debt. We filed a Chapter 7 bankruptcy for him and the Attorney General's Office failed to file a proof of claim for the child support listed in the bankruptcy. The bankruptcy was completed and the child support claim was discharged. The Attorney General’s office filed multiple motions with the Federal Bankruptcy Court to allow them to proceed with collection efforts against our client. We contested their motions and the Federal Court denied all of their motions. The Attorney General then demanded a trial in State Court. We proceeded to trial in State Court and the Court confirmed that the child support was discharged and our client walked away free and clear of any child support. - D.W.

We saved this client a bunch of money and property after he failed to timely act after finding out his wife filed for divorce. Prior to hiring us, our client failed to file an answer after being served with a Petition for Divorce. The Court entered a default judgment awarding his ex-wife large portions of his share of the community property and 50% of our client’s separate property. Additionally, the Court ordered exorbitant amounts for child support and spousal support. Our Motion for New Trial was granted and the Court vacated all prior orders. - B.M.