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New Bankruptcy Law Firm Helps Dallas-Fort Worth Residents Eliminate Debt, Get Financial Relief

With the still-sluggish economy slow to pick up, more and more local residents are forced to file for bankruptcy in order to save their homes and assets from being seized by creditors.

Hurst, TX (PRWEB) May 13, 2011

With the still-sluggish economy slow to pick up, more and more local residents are forced to file for bankruptcy in order to save their homes and assets from being seized by creditors.

The Lee Law Firm (http://www.Leebankruptcy.com), a new practice located on Bedford Euless Road in Hurst, is focused on helping financially-strapped residents of Tarrant, Parker, Denton, Johnson, Hood, Collin, Ellis, Kaufman, Somervell and Wise counties achieve a debt-free life.

Berry & Associates Announces Launch of New Rome Bankruptcy Website

Rome, GA (PRWEB) November 21, 2008

http://www.RomeBankruptcy.com has come to the Web to deliver helpful information to persons facing a financial crisis. The site, owned by the Georgia law firm of Berry & Associates, provides information on debt relief through Chapter 7 or Chapter 13 bankruptcy.

We wanted the Web site to reach out to people who might be suffering through a financial crisis alone, said Matt Berry, senior partner at Berry & Associates. LeadRival has done a wonderful job creating a site that is informative and easy to navigate. We hope that it provides the people in Rome with information that will help them in their struggle.

Visitors to the site who would like to have more information, can complete a bankruptcy evaluation form and will be contacted by the firm for a free consultation to discuss their case.

They can review the bankruptcy exemptions available to Georgia residents and see what property they can keep when filing for bankruptcy protection.

Access to information is key to getting help to people who need it, said Kye Duncan, SEO Manager of LeadRival. We are proud to have helped Berry & Associates create this site for the people of Rome. It is a great resource for bankruptcy information.

LeadRival (http://www.leadrival.com) founded in 2004, is a leader in the search-engine marketing (SEM) industry. The firm has worked with both large and small businesses. LeadRival specializes in search engine optimization, paid search and professional website design. In addition, the agency also provides content creation, lead generation and local search strategy.

About Berry & Associates
Berry & Associates is a Georgia law firm with offices in Atlanta, Rome, Dalton, Gainesville, Marietta, Duluth, Jonesboro, Newnan and Cartersville. For the past 15 years it has helped more than 25,000 consumers achieve freedom from debt...

“Although the economy is supposed to be picking up, thousands of good, hard-working people in our area are still suffering from the havoc wreaked by the recession,” says Christopher Lee, owner of the new firm. “They have lost jobs, accumulated unexpected medical bills or other expenses they can’t pay in a timely manner. For these folks, filing bankruptcy is an effective – and sometimes the only – way to get financial relief.”

Lee, who has successfully handled thousands Chapter 7 and Chapter 13 bankruptcy cases as partner in Allmand & Lee, the largest bankruptcy law firm in Texas that he had helped establish in 2007, says his new practice will provide “a big firm expertise and professionalism with the flexibility and affordability of a small firm.”

Lee, who specializes in mortgage loan modification work, says the Lee Law Firm, which employs three other bankruptcy attorneys, will work with local consumers to help them eliminate debt, lower their monthly payments, as well as stop foreclosures, repossessions, garnishments, and calls from creditors.

“A lot of people hesitate to seek help because of the myths and misconceptions surrounding bankruptcy,” Lee notes. “However, I and my attorneys are here to show them that, if handled properly and according to law, bankruptcy will give them an opportunity to rebuild their credit and provide a measurable relief from debt.”

WILMINGTON, Delaware (Reuters) – Jackson Hewitt Tax Service Inc (JTHX.PK) expects quick approval of its bankruptcy plan, which would turn over the second-largest U.S. tax preparer to lenders led by Bayside Capital, the company's attorney said on Wednesday.

The company filed for bankruptcy on Tuesday just weeks after the end of the tax season as a way to restructure a bank loan coming due in October. It said it hoped to restructure in 60 days or less.

Jackson Hewitt got into trouble with lenders as it failed to secure full funding for tax-refund loans, a key covenant in its credit agreement.

Jackson Hewitt already has...

“We focus on getting to know our clients and the nature of their problems, and then provide the best and most sound legal advice possible,” he adds.

A 2003 graduate of Texas Wesleyan University School of Law, Lee is a member of the National Association of Consumer Bankruptcy Attorneys, the Dallas County Bar Association, the Tarrant County Bar Association, and the American Bankruptcy Institute. He is also a longstanding member of the American Bar Association, as well as the Tarrant County Young Lawyer Association, the Dallas Association of Young Lawyers, and the American Consumer Bankruptcy College.

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Regina Hurst
Lee Law Firm, LLC
817-265-0123 301
Email Information

New Federal Loan Modification Rules To Now Work With Chapter 13 Bankruptcy Laws

Beginning on June 1, 2010, new HAMP rule changes will now make it possible to seek mortgage modification while in an active bankruptcy case. Under existing U.S. Treasury rules, mortgage lenders are not required to consider modifications under the federal government's Making Home Affordable Program (HAMP) while a homeowner is in an active bankruptcy case; however, these rules are about to change and they will prevent lenders from saying no to mortgage modification during bankruptcy cases.

This will make it much easier for homeowners to seek modification of their mortgages and save their home while adjusting and discharging other debts in a single proceeding. The rules also allow use of the schedules filed in the bankruptcy case to be used as the modification application and other streamlined procedures that will make it easier to communicate with lenders. It also gives the homeowner the added protection of a Court Order approving loan modifications to prevent future mortgage problems caused by the mortgage company.

In the Orlando Division of the Middle District of Florida, the U.S. Bankruptcy Court has also launched a Mortgage Mediation Program to bring mortgage lenders to the negotiation table and offers sanctions against mortgage lenders who refuse to participate. In most cases, the trial period may be waived by making mortgage payments through a Chapter 13 Trustee.

These new rules make Chapter 13 Bankruptcy a much better option to seek mortgage modification and stay other creditors at the same time. It can also allow for the stripping off of second mortgages,...