Law Office of Della J Durham

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Today: 8:00 am - 5:00 pm

16 Years

in Business

Hours

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Mon - Fri:	8:00 am - 5:00 pm
Sat - Sun	Closed

Child Support
Chapter 7 is also commonly called “total bankruptcy” because the debtor receives a total “discharge” (release from personal liability) on debts with a few exceptions. Examples of “non-dischargeable” debts include debts for back child support, some federal income taxes, and student loans. An unsecured debt is a debt where the creditor does not hold a security agreement or lien on any property to secure the debt. Secured debt is debt where the creditor does have a lien on the property and has a right to take the property upon default to satisfy the debt. Examples of secured debts are mortgages, vehicle loans, and tax liens. When a Chapter 7 is filed, the secured creditor does not lose their secured status and the debtor must choose whether to keep and continue paying for the property or to surrender the property to the creditor. If the debtor chooses to surrender the property, any deficiency owed to the creditor after the creditor sells the surrendered property and applies the proceeds to the debt balance, would become unsecured debt and would be discharged in the bankruptcy.

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General Info: The Law Office of Della J. Durham, P.C. is a private practice law firm designated as a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. All initial consultations are free. We offer Saturday and evening consultations by appointment for those who cannot afford to lose income from missed work.
Email: Email Business
Services/Products: Consultations
Location: First Financial Bank Bldg
Neighborhood: Original Town North
Other Link: http://www.dellajdurham.com
Social Links: https://www.yelp.com/biz/the-law-office-of-della-j-durham-abilene
Categories: Collection Agencies, Bankruptcy Law Attorneys

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Phone: (325) 274-7785

Address: 400 Pine St Ste 740, Abilene, TX 79601

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