Client Testimonials
Comments from some of our clients
Whats New:
BANKRUPTCY 101
5 Top Reasons for Filing Bankruptcy
1. Medical Expenses
A study conducted by Harvard University states that medical expenses account for 62% of all bankruptcy filings. These findings affect insured as well as uninsured filers.
2. Job Loss
with the state of the economy many people are finding themselves either unemployed, facing layoff, early termination or earyl retirement and the fact is most American's can't miss even a single paycheck!
3.Poor/Excess Credit
whatever the reason, many people just a few years ago had perfect credit scores and were managing their debt and then a drastic economic turn occured and these same people are faced with plummeting credit scores, higher interest rates and quite simply the inability to even make minimum payments on their debt. 4.Divorce/Separation
the expenses involved with divorce are astronomical! Faced with mounting legal fees, child support, division of assets and the burden of maintaining 2 households forces many filers into bankruptcy 5.Unexpected Expenses
unfortunatley unexpected expenses are always going to be a reason for bankruptcy filings. Natural disasters such as floods and tornadoes can devestate a family's income. This year Mother Nature has been the cause of millions of dollars of unexpected expenses! It's not just damage to homes, it is the loss of clothing and the basic necessities of life. People have been forced to charge clothing, food and gas just to survive and those charges are catching up with them.
Current News:
DO I QUALIFY FOR A CHAPTER 7 BANKRUPTCY?
The lastest Median Income according to the Census Bureau for the state of Texas is as follows:
1 Person Family: $38,294
2 Person Family: $55,178
3 Person Family: $56,445
4 Person Family: $65,477
Each additional family member increases the income amount by $7,500.
So what does all of this mean? If you make at or below the median income amount you will generally fall into a Chapter 7 Bankruptcy. Of course there are always exceptions but, this information gives provides you with a good rule of thumb.
We are always happy to answer any questions you have over the phone or in a free consultation. The median income can and does change, so we try to keep on top of the these updates and change them accordingly. So check back for the latest.
Recent Events:
FALL IS HERE!!
Fall is near, it is getting darker earlier, holiday's are fast approaching and the Texas Rangers are in the World Series for the 2nd year in a row!!! Don't forget to set your clocks back an hour on November 6, 2011. In Texas we don't get to experience all 4 seasons, but at least we get a break from the heat! We wish you all a happy and safe fall!
How you feel is important too -
Filing bankruptcy is a complex legal process that has to be handled by competent legal professionals but, it can be an emotionally trying time for the clients if they don't understand what to expect at each step along the way. We take great care to insure that you know what to expect from beginning to end.
Here are a few comments from folks we have helped:
"Their kindness, humanity and professionalism is unmatched..."
Normally I don’t make it a practice of writing testimonials but in this case as difficult and overwhelming this was for me Steven H. Phelps Law Firm really came through for me in a big way.
Due to losing my job and having to live on my credit cards and unemployment to keep my home and food on the table my debt got way out of control. The constant harassment from creditors for months on end drove me crazy. The calls would start in the morning and last all day I was afraid to answer my phone.
I started receiving letters from law firms stating they could help me with the creditors and my debt. Some of them were hard to get a hold of and others quite frankly were just intimidating.
When I contacted Steven H. Phelps Law Firm they answered the phone on the first try and took their time with me to gather some basic information and set up a meeting to come in. The initial conversation was friendly and very informative.
When I arrived for the meeting they made me feel very comfortable. They discussed my options with me in great detail and answered all of my questions. They did not make me feel rushed and really took their time with me. It was determined that a chapter 7 bankruptcy was best for my particular situation.
It was amazing, the collection calls stopped immediately and I finally felt there was a light at the end of the tunnel and it wasn’t a train. The bankruptcy hearing went off without a hitch and my debt was discharged.
I have a new lease on life and it’s all due to Steven H. Phelps Law Firm. Their kindness, humanity and professionalism is unmatched and I would highly recommend them to anyone I know.
- Gary S.
"You made it so easy..."
Bankruptcy can be a scary thing, especially when you have no legal background. You made it so easy and we felt so comfortable with you as you walked us through each and every step. We recommend you and the entire team whole heartily. Thanks again for your great service.
Alex & Kay - McKinney, TX
"...extremely knowledgeable and compassionate"
Doug and I would like to thank the law offices of Steven Phelps for the wonderful work that they performed for us through our legal issues. Steven, Tim, and Jen were extremely knowledgeable and compassionate, and very professional in their work. It was a pleasure to work with them. Because of the expertise it made a very difficult time become one of ease and confidence that everything would be okay. Thank you so much for a job WELL done!
- Doug and Dee
PS -
Jen, I would like to thank you for all of your hard work. It is because of you and your wonderful expertise that the 341 meeting went so well. Your knowledge of your position and your compassion that you have for your clients is awesome. And you were the bomb at the 341 meeting. GREAT JOB!!
- Dee
"...stress free."
I want to thank you for everything. You made everything so easy, and stress free. I will refer everyone I know that may need help.
Steven B.
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