The Woodlands | Katy | Houston | College Station

Bankruptcy Relief Lawyers

The Montgomery, Harris, Fort Bend, Brazos and Surrounding County Bankruptcy Law Attorneys at Nick Davis Law are ready to help you obtain a fresh start.

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(936) 262-7474

Nicholas A. Davis, Attorney

Serving Montgomery, Harris, Fort Bend, Brazos, Grimes, Waller, Walker & Surrounding Counties

Find Financial Freedom Through Bankruptcy Relief in The Woodlands, Houston, Katy, & College Station, TX?

Struggling with debt? Nick Davis Law provides trusted, compassionate guidance through Chapter 7 and Chapter 11 bankruptcy, ensuring your financial future is secure.

Your Path to a Fresh Start Begins Here

Are debt collectors calling day and night? Does it feel like you’re drowning under the weight of bills and past-due notices? You’re not alone—and more importantly, you don’t have to face this alone. Bankruptcy is not the end. It’s a legal, ethical solution to help you regain control of your financial life.

At Nick Davis Law, we specialize in Chapter 7 and Chapter 11 bankruptcies, offering tailored solutions that meet your unique needs. Whether you’re an individual, a family, or a business owner, we are here to guide you through the complex terrain of bankruptcy law, protecting your rights and assets every step of the way.

Don’t wait until it’s too late. Every day you delay could worsen your situation. You deserve a fresh start, and we’re here to help you achieve it.

Don’t wait until it’s too late to act. Contact Nick Davis Law Bankruptcy Relief Lawyers today for a free consultation at (936) 262-7474 and assistance in filing for Bankruptcy in The Woodlands, Houston, Katy, and College Station.

OVERVIEW OF CHAPTER 7

COMMON QUESTIONS

CREDIT COUNSELING

341 MEETING

BENEFITS OF CHAPTER 7 BANKRUPTCY

CHAPTER 7 VS. CHAPTER 13

MEANS TEST & ELIGIBILITY FOR CHAPTER 7

FILING FOR CHAPTER 7 IN TEXAS

DEBTS DISCHARGED IN CHAPTER 7

PROTECTING ASSETS

TEXAS EXEMPTIONS

TEXAS SPECIFIC BANKRUPTCY

ROLE OF TRUSTEE

EMERGENCY BANKRUPTCY

IMPACT OF CHAPTER 7

LIFE AFTER CHAPTER 7

BANKRUPTCY LITIGATION

ADDITIONAL BANKRUPTCY AREAS

ALTERNATIVES TO BANKRUPTCY

CHAPTER 11 BANKRUPTCY

OVERVIEW OF CHAPTER 11

FILING FOR CHAPTER 11 BANKRUPTCY

CHAPTER 11 FOR BUSINESSES

CHAPTER 11 FOR INDIVIDUALS

DEVELOPING A CHAPTER 11 REORGANIZATION PLAN

DEALING WITH CREDITORS IN CHAPTER 11

MANAGING ASSETS AND OPERATIONS DURING CHAPTER 11

BANKRUPTCY LITIGATION

ADDITIONAL BANKRUPTCY PRACTICE AREAS

EXITING CHAPTER 11 BANKRUPTCY

ALTERNATIVES TO BANKRUPTCY

SPECIAL CHAPTER 11 TOPICS

Chapter 7 Bankruptcy: A Fresh Start for Individuals and Families

Facing overwhelming debt? Chapter 7 bankruptcy could be your best option for wiping the slate clean

What is Chapter 7 Bankruptcy?

Chapter 7 is designed to discharge most unsecured debts, like credit card balances and medical bills, allowing you to make a clean break from overwhelming financial obligations. It’s a legal lifeline for those facing insurmountable debt with no clear way out.

 

How Chapter 7 Works: A Step-by-Step Guide

  1. Filing the Petition: This initiates your bankruptcy case, immediately stopping creditor harassment and lawsuits.
  2. 341 Meeting: You’ll meet with your creditors and trustee to go over your financial situation. Don’t worry, we’ll prepare you for everything.
  3. Debt Discharge: Once the process is complete, most of your unsecured debts will be eliminated, giving you a fresh start.

Key Benefits of Chapter 7 Bankruptcy

  • Discharge Most Unsecured Debts: Say goodbye to credit card bills, medical debt, and more.
  • Immediate Relief from Harassment: Creditors must cease collection efforts the moment you file.
  • Keep Your Home and Car: With Texas homestead exemptions and personal property protections, you may not lose key assets.

Think Chapter 7 might be right for you? Explore how this process could provide the fresh start you need. Contact Nick Davis Law today at (936) 262-7474 for trusted guidance.

 

Common Chapter 7 Bankruptcy Topics of Interest

Chapter 11 Bankruptcy: A New Beginning for Businesses and High-Income Individuals

Is your business struggling under the weight of debt? Chapter 11 could be the restructuring you need to survive and thrive

What is Chapter 11 Bankruptcy?

Chapter 11 is a reorganization bankruptcy that allows businesses—and sometimes individuals with significant debt—to restructure and pay off creditors over time while continuing to operate. Unlike Chapter 7, which wipes out debts, Chapter 11 lets you keep your business and assets, but with a manageable repayment plan.

Chapter 11 for Businesses: Restructure, Don’t Shut Down

  • Business Operations Continue: With Chapter 11, your business can stay operational while reorganizing its debt.
  • Debtor-in-Possession Financing: This special financing option allows businesses to obtain loans during bankruptcy to stay afloat.
  • Restructuring for Success: Develop a feasible repayment plan that protects your business, employees, and vendors.

Chapter 11 for Individuals: Protecting Personal Assets

For individuals with significant assets or income, Chapter 11 offers more flexibility than other forms of bankruptcy. You’ll retain control of your assets while working on a court-approved plan to satisfy your debts over time.

Need to protect your business or high-value assets? Let Nick Davis Law show you how Chapter 11 can provide a second chance for success. Call us today at (936) 262-7474.

 

Common Chapter 11 Bankruptcy Topics of Interest

FAQ

Frequently Asked Questions

What is the difference between Chapter 7 and Chapter 11?

Chapter 7 is a liquidation bankruptcy primarily for individuals looking to discharge unsecured debts, while Chapter 11 is a reorganization bankruptcy, usually for businesses or high-income individuals, allowing them to restructure debt and retain assets.

Can bankruptcy stop creditor harassment?

Yes. Once you file for bankruptcy, an automatic stay immediately halts all collection efforts, including phone calls, lawsuits, and wage garnishments.

How long does the bankruptcy process take?

Chapter 7 cases typically take 3 to 6 months, while Chapter 11 cases can last several months to a few years depending on the complexity of the restructuring.

Can bankruptcy help with my tax debts?

Some tax debts can be discharged, but it depends on specific factors. We will analyze your situation in detail to determine how bankruptcy can best help you with tax obligations.

Will I lose my home or car in bankruptcy?

In most cases, Texas law protects homes through the homestead exemption and personal property like cars under state exemptions, allowing you to retain them.

Will filing for bankruptcy ruin my credit forever?

No, filing for bankruptcy will impact your credit score, but it won’t ruin your credit forever. Most individuals who file for bankruptcy start rebuilding their credit within a year of receiving a discharge. Nick Davis Law can guide you through post-bankruptcy financial management strategies to help you recover and improve your credit over time.

Do I have to go to court when I file for bankruptcy?

In most bankruptcy cases, you’ll be required to attend a meeting of creditors (341 meeting), where the bankruptcy trustee will ask questions about your financial situation.  However, this is not a courtroom hearing and now is primarily conducted only by Zoom.  For Chapter 11 cases, court appearances may be necessary for plan confirmations or hearings. Nick Davis Law will prepare and represent you at every step to ensure you’re fully informed and protected.

Can I include all of my debts in a bankruptcy filing?

Not all debts are eligible for discharge in bankruptcy. While unsecured debts like credit card balances and medical bills are typically dischargeable, other debts—such as student loans, child support, alimony, and certain tax debts—may not be. We will thoroughly review your debt portfolio to help you understand which debts can be discharged.

Can I keep my business open if I file for Chapter 11 bankruptcy?

Yes, in Chapter 11 bankruptcy, many businesses are able to remain operational while they reorganize their debts. Chapter 11 allows you to create a plan to restructure and pay down debts without closing your business. We help you navigate the complexities of Chapter 11 to ensure your business can survive and emerge stronger.

How much does it cost to file for bankruptcy?

The cost of filing for bankruptcy includes court filing fees and attorney fees, which vary depending on the complexity of your case. Chapter 7 cases generally costs significantly less and at our office is offered for flat fees due to their quicker resolution, while Chapter 11 cases tend to be more expensive, with hourly charges, due to their extended duration and complexity. At Nick Davis Law, we provide transparent pricing and work with you to create an affordable payment plan based on your needs.

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Take Control of Your Financial Future Today

FLEXIBLE APPOINTMENTS | PAYMENT PLANS

At Nick Davis Law, we understand that bankruptcy is a complex and emotional process. Whether you’re an individual facing overwhelming personal debt or a business looking to restructure, we’re determined to guide you through every step. Bankruptcy is not the end—it’s the beginning of a new, more secure financial future.

Get a Free Consultation Now

Contact Nick Davis Law, serving The Woodlands, Katy, Houston, College Station and surrounding cities and counties. Take control of your financial future today—call us at (936) 262-7474.  Our Montgomery, Harris, Fort Bend, Walker, Brazos, Grimes, Waller County Bankruptcy Lawyers regularly offer After-Hour & Weekend Phone and Virtual Consults and Payment Plans.

Contact us

Nick Davis Law
26418 Oak Ridge Dr.
The Woodlands, TX 77380
(936) 262-7474

The Woodlands, Texas

Nick Davis Law
26418 Oak Ridge Dr.
The Woodlands, TX 77380

(936) 262-7474
Appointments Only

Bryan | College Station, Texas

Nick Davis Law
750 William D. Fitch Pkwy, Ste 210
College Station, TX 778455
(979) 417-2220
Appointments Only
Business Hours

Mon - Fri  8:00 am to 6:00 pm

Our Mission

 

The Trusted Family, Divorce, Bankruptcy, CPS,  and Small Business Lawyers at Nick Davis Law are dedicated to providing the best and most efficient representation possible to our clients to achieve their goals quickly and cost effectively.   Nick Davis Law maintain offices in The Woodlands, Katy, Texas and Bryan | College Station and serve all of Montgomery County, Brazos County, Walker County, Waller County, Grimes County, Washington County, Burleson County, San Jacinto County, Liberty County, Harris County, and surrounding counties.