Bankruptcy is a legal proceeding in which a person, business or other entity facing serious financial problems can get a fresh financial start. Filing for bankruptcy immediately stops harassing calls from creditors and the accrual of fines and interest on your debts. Bankruptcy may also make the following possible: Eliminate the legal obligation to pay most or all of your debts; stop foreclosure on your residence and the repossession of your car; catch up on missed payments; restore utilities and stop wage garnishment.

Allegiance Legal will counsel you about the full set of options available to you should you find it difficult to repay your creditors, and can prepare and file your petition and represent you in bankruptcy proceedings.