Live Chat
During This Challenging Time

We are open for business and remain dedicated to your case! All those working on-site and remotely are still available to answer your questions. The well-being of our clients and staff are vital, so we will provide updates as the situation progresses.

During This Challenging Time Close

When You Can’t Win the Game, Change the Rules

June 9, 2014

The game of consumer finance is full OF rules. First, there are contracts between individuals and institutions that permeate our lives. Credit card companies, banks, mortgage lenders, finance companies, payday loan companies, and auto lenders all require a consumer contract. Second, there are state and federal rules (laws) that affect you when you are unable to pay per the contract terms. You can be called into court and the law requires you to defend your actions – being broke is not an excuse for not paying a consumer debt. Finally, if you lose the court action, other rules allow a creditor to garnish your wages, seize your bank account, and/or take your property to pay a debt.

Make no mistake: the rules of consumer finance are written to protect the lender’s interest, not yours. What can you do when you find yourself broke, in breach of consumer loan contracts, and facing repossession, foreclosure, garnishment, or asset seizure?

Change the game.

Quit defending yourself and your property using their rules. Instead go on the offensive using the federal bankruptcy laws. The Bankruptcy Code is written to protect consumer debtors and provide an opportunity to play by a new set of rules. Through bankruptcy the debtor gains the upper hand:

  • The bankruptcy automatic stay stops collection actions cold. A creditor may not continue a repossession, foreclosure, lawsuit, garnishment, or even harassing phone calls without the permission of a federal bankruptcy court judge.
  • The bankruptcy laws can discharge unsecured loans (e.g. a personal not secured by collateral).
  • In certain situations, a bankruptcy debtor can keep secured property (e.g. a car) and “re-write” the terms the loan and force a creditor to accept lower payments over a longer period of time, reduce interest, or reduce the amount owed.

Literally, bankruptcy is a “game-changer” that takes the legal power out of the hands of the creditor and puts you in control. Changing the rules in your favor by using the federal bankruptcy laws can help you win the game. Debts that are discharged and contracts that are altered during bankruptcy stay that way forever. Take control over your creditors and your debt situation today using the federal bankruptcy laws.

If you are considering filing for bankruptcy please contact the experienced attorneys at Fears | Nachawati for a free consultation. Call us at 1-866-705-7584 or send an email to .


Use the form below to send us a note, call us at 214.890.0711 or chat with us live. We are eager to help with your legal needs. Please keep in mind that any unsolicited information sent through our website cannot be treated as confidential. Contacting us through this site does not create a representation relationship with Fears Nachawati.

Contact Us


With offices across Texas, and attorneys licensed in Texas, Florida, Arkansas, New Mexico, California, Illinois, District of Columbia, Missouri and Oklahoma, Fears Nachawati is dedicated to attaining the best possible solutions for our clients’ business and personal needs. We strive to be professionals who are creative, empathetic and reliable.

All Areas Served

We Can Help

Contact Fears Nachawati today

Free Consultation

Live Chat (Online Now)