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McAllen, TX 78504
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BANKRUPTCY LAW

Gregory Turley has represented clients who file for bankruptcy protection. He also offers legal counsel for those considering filing bankruptcy

When a person files for bankruptcy, he can obtain two significant benefits:

  1. The automatic stay against collection action. Often, a significant factor in filing bankruptcy to stop enforced collection action. Enforcement favors one creditor (the active one) over another, when a benefit of bankruptcy law is to equalize classes of creditors.
     
  2. The discharge of debts. Upon completion of the bankruptcy, a person can obtain a discharge of a debt, which prevents a debt from being collected in the future by anyone. This usually occurs at the end of a case.

Gregory Turley also represents creditors in bankruptcy cases. For example, if a persons has a lien prior to a bankruptcy filing, that lien can be collectible by obtaining relief from the automatic stay against collection.

 
 
 

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