How Does Bankruptcy Affect My Retirement Accounts in Texas?

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An attorney looking at paperwork, using a calculator with cash. Are you worried about how filing for bankruptcy might impact your retirement accounts in Texas? You’re not alone, and these concerns are valid. Understanding bankruptcy law can be challenging, especially when it comes to protecting your retirement savings. At Pelley Law Office, we know how to help keep your retirement accounts safe during tough financial times. Our team is here to provide clear and practical advice tailored to your situation.

If you want to know how bankruptcy could affect your retirement funds, reach out to Pelley Law Office today. Our experienced attorneys are ready to help you with confidence. Call us at 972-608-0335 to schedule your free consultation and take the first step towards protecting your retirement savings.

Understanding Bankruptcy

Bankruptcy is a legal process that helps people and businesses manage or eliminate their debts. It’s designed to provide a fresh start for those struggling with overwhelming debt, often due to unexpected medical bills, job loss, or other financial challenges. When you file for bankruptcy, you can either sell some assets to pay off debts or set up a plan to repay them over time.

The bankruptcy process includes several steps, such as attending credit counseling, filing a petition with the bankruptcy court, and meeting with creditors. Depending on the type of bankruptcy—Chapter 7 or Chapter 13—you may need to sell certain assets or follow a repayment plan approved by the court. The process can be detailed, with different federal and state rules affecting what happens.

Having a bankruptcy lawyer can be very helpful. They can guide you through the process, protect your rights, and help you decide which type of bankruptcy is right for you. They can also explain the rules about which assets you can keep and how to qualify for bankruptcy.

Before you decide to file, think about how bankruptcy might affect your future finances, like your credit score and ability to borrow money. It’s also important to understand how bankruptcy might impact your retirement accounts, as keeping your retirement savings safe is a key part of planning for your future.

Protection of Retirement Accounts in Texas Bankruptcy

In Texas, the law provides strong protections for retirement accounts during bankruptcy proceedings. These protections are designed to ensure that individuals can keep their retirement funds, even when facing financial hardships. Most retirement funds, including 401(k) plans and pensions, are shielded from creditor claims meaning, in most cases, your retirement savings remain intact, allowing you to focus on rebuilding your financial stability.

A knowledgeable Texas bankruptcy attorney can offer valuable insights and strategies to protect your retirement assets throughout the bankruptcy process.

ERISA-Qualified Plans

ERISA-qualified plans are retirement accounts governed by the Employee Retirement Income Security Act (ERISA), which provides comprehensive protection for retirement funds during bankruptcy proceedings. These plans include 401(k) plans, profit-sharing plans, and defined benefit plans, ensuring that your retirement savings are secure from creditor claims. The protections offered by ERISA apply regardless of the balance in the accounts, making them a safety net for individuals facing financial difficulties. Maintaining ERISA-qualified accounts can strategically protect your financial future.

Individual Retirement Accounts (IRAs)

Individual Retirement Accounts (IRAs) also have significant protections under Texas and federal law. In Texas bankruptcy, funds in IRAs are shielded from creditors up to a threshold of $100,000 per individual. However, any excess amounts beyond this protection limit may be subject to creditor claims.

Federal law provides even more protections for IRAs, with a total exemption limit set at $1,512,350 as of April 1, 2022. This limit is adjusted every three years to account for inflation. If your IRA balance exceeds these protection limits, the excess amount may need to be turned over to creditors.

Certain exceptions, such as claims by the IRS or former spouses, may lead to the loss of IRA protection in bankruptcy. Awareness of these potential pitfalls is necessary to plan accordingly and protect your retirement assets.

Employer-Sponsored Retirement Plans

Employer-sponsored retirement plans have a complete exemption under Texas law during bankruptcy proceedings. There is no cap on the amount of funds that can be protected in these plans. Whether you have a 401(k), 403(b), or 457 plan, your retirement savings are fully shielded from creditor claims. This comprehensive protection allows you to keep your retirement savings intact, providing a sense of security as you go through the bankruptcy process.

Federal Bankruptcy Exemptions for Retirement Accounts

Three white piggy banks sitting on a table. Federal bankruptcy exemptions are important for protecting retirement accounts and pensions that are tax-exempt under the U.S. Tax Code.

Federal vs. State Exemptions

In Texas, you can choose between federal and state bankruptcy exemptions. Once you decide, you must use one set of exemptions for all assets. This choice can greatly affect the outcome of your bankruptcy case, so it’s important to carefully consider the benefits and limitations of each option.

Specific Federal Protections

Federal law offers specific protections for certain types of retirement accounts, including SEP and SIMPLE IRAs. These accounts are fully protected from creditors during bankruptcy proceedings, no matter the amount. This unlimited protection ensures that your retirement savings remain safe even during financial challenges.

Federal law protects Social Security benefits and veteran’s benefits during bankruptcy, covering a broader range of federally protected assets, including federal bankruptcy laws. These specific federal protections help safeguard a wider range of your financial resources.

Texas-Specific State Regulations for Bankruptcy Exemptions

Texas offers its own set of bankruptcy exemptions, which can be more beneficial than federal exemptions for those filing bankruptcy in the state. Understanding these state-specific regulations helps you make informed decisions about protecting your retirement accounts and other assets.

Homestead Exemption

One of the most significant advantages of Texas bankruptcy law is the homestead exemption. Texas allows homeowners to protect the full value of their primary residence from creditors during bankruptcy. This exemption is unlimited, meaning there is no cap on the amount of home equity that can be protected. This can be particularly beneficial for those with substantial equity in their homes.

Personal Property Exemptions

Texas also provides generous exemptions for personal property, including vehicles, home furnishings, and personal items. For instance, a single filer can exempt up to $50,000 worth of personal property, while a family can exempt up to $100,000. This allows individuals to retain essential items needed for daily living. Please be aware that legal regulations including these dollar amounts may change over time.

Retirement Accounts and Pensions

In addition to federal protections, Texas law offers specific exemptions for retirement accounts. Employer-sponsored retirement plans like 401(k)s and pensions are fully exempt from creditor claims. Additionally, IRAs are protected up to a certain limit under state law, providing an extra layer of security for your retirement savings.

Wage and Income Protections

Texas also protects a portion of your wages from being garnished by creditors. This can maintain financial stability during bankruptcy proceedings. Texas law exempts certain income sources, such as disability benefits and workers’ compensation, ensuring they remain untouched by creditors.

Deciding Between Federal and State Exemptions

Choosing between federal and Texas state exemptions requires careful consideration of your financial situation. Texas exemptions may offer more comprehensive protection for certain assets, particularly real estate and personal property. However, federal exemptions might be more favorable for those with significant retirement savings exceeding state limits.

Consulting with a knowledgeable bankruptcy attorney can help you weigh the pros and cons of each exemption option. By understanding the differences between federal and state regulations, you can make an informed decision that best protects your assets and aligns with your financial goals during bankruptcy.

Impact of Withdrawals on Retirement Account Protection

A lawyer using a magnifying glass to look at a bar graph chart. Withdrawing funds from retirement accounts can greatly affect their protected status during bankruptcy proceedings. In certain bankruptcies, continuing contributions to retirement accounts may be allowed, depending on the nature of the contributions. A bankruptcy lawyer can explain the implications of withdrawing funds and help avoid risking the protection status of your retirement accounts.

Consequences of Early Withdrawals

Withdrawing funds from retirement accounts during or before bankruptcy can result in the loss of their exempt status. If funds are withdrawn from an IRA during bankruptcy, those funds may not be protected anymore and could be used to repay debts. This can have significant implications for your financial stability.

Paying off a creditor with retirement funds may be viewed as a preferential transfer by the bankruptcy trustee. Consulting a bankruptcy lawyer before withdrawing money from retirement accounts is advisable to understand the potential risks and consequences.

Social Security Benefits

Social Security benefits are considered exempt assets in bankruptcy, but they must be maintained in a separate account to retain their exempt status. Mixing Social Security benefits with other funds can jeopardize their protection, leading to a potential loss of exempt status. Keeping Social Security benefits separate effectively ensures their protection from creditors during bankruptcy proceedings.

Choosing the Right Bankruptcy Chapter

Picking the right bankruptcy option is important for protecting your retirement accounts. In Texas, you can choose between Chapter 7 and Chapter 13 bankruptcy. Each has its own rules and protections for retirement accounts.

Chapter 7: Liquidation Bankruptcy

When you file for Chapter 7 bankruptcy, it’s important to know how retirement accounts are treated under federal bankruptcy exemptions. Chapter 7 bankruptcy is a legal process that allows individuals to eliminate most unsecured debts by liquidating non-exempt assets to repay creditors, offering a fresh financial start. Typically, employer-sponsored retirement plans like 401(k)s and pensions are fully protected under ERISA. This means they are not part of the bankruptcy estate and are safe from creditors.

Individual Retirement Accounts (IRAs) also have strong protection, but there are limits. If your IRA balance is above this amount, creditors might access the excess, so planning is necessary if your savings approach this limit.

Remember that Chapter 7 can discharge many unsecured debts, but not all. Secured debts, like mortgages or car loans, need separate handling, and some debts like student loans, child support, and taxes may not be wiped out.

Talking to a bankruptcy attorney from the Pelley Law Office can help you understand federal and state bankruptcy laws. We can guide you on how to protect your retirement accounts and make smart choices about your financial future during bankruptcy.

Chapter 13: Repayment Plan

Chapter 13 bankruptcy is a legal process that allows individuals to reorganize their debts into a manageable repayment plan over three to five years while protecting their assets, including retirement accounts, from creditors. Chapter 13 allows you to keep your retirement accounts while paying off debts over time. This plan helps you manage your finances while keeping your retirement savings safe.

When you look at Chapter 13 bankruptcy, understand how it can fit your financial situation while protecting your retirement savings. The court will review your income, expenses, and assets, including retirement accounts, to set a payment plan.

A major benefit of Chapter 13 is helping you avoid foreclosure by letting you catch up on missed mortgage payments. This is helpful if you struggle with both unsecured and secured debts like a mortgage.

Chapter 13 might also let you reduce the principal balance on some secured debts, like vehicles, through a “cramdown.” By choosing Chapter 13 bankruptcy, you have the chance to retain control over your financial future, protect your retirement funds, and work towards a debt-free life while maintaining the security of your retirement savings.

Filing Bankruptcy After Retirement

Retirees often face challenges like high medical bills or large credit card debts, which might lead them to think about filing for bankruptcy. When retirement funds are withdrawn, they are considered income during bankruptcy, affecting the financial assessment.

For those on a fixed income, it’s important to consider monthly payment obligations when deciding between different bankruptcy types. The choice between Chapter 7 and Chapter 13 bankruptcy depends on your financial situation and how well your retirement accounts are protected.

Means Test and Social Security Income

Social Security benefits are not included in the means test, so they don’t count as income when checking if you qualify for Chapter 7 bankruptcy. To benefit from this, keep Social Security income separate from other funds. Mixing it with other money can prevent you from claiming the exemption.

Asset Exemptions for Seniors

In bankruptcy, exemptions can protect assets like property, vehicles, and work equipment, which are important for older adults. These exemptions help seniors keep essential resources during tough financial times.

How Pelley Law Office Can Help You

Pelley Law Office provides clear legal guidance for those considering bankruptcy. With a strong knowledge of both federal and Texas state bankruptcy laws, our experienced bankruptcy attorneys can help you protect your retirement savings and other assets.

At Pelley Law Office, we offer personalized consultations to assess your financial situation and find the best solution. Whether you’re considering Chapter 7 or Chapter 13 bankruptcy, our team will work with you to create a strategy that fits your financial goals and protects your retirement funds. We are committed to providing supportive assistance and clear communication throughout the bankruptcy process, ensuring you feel confident and informed every step of the way.

What to Expect During Your Free Initial Consultation

At Pelley Law Office, we offer a free initial consultation to help you understand your options and the bankruptcy process. During your consultation, we will discuss your financial situation, including your retirement savings and any concerns about how bankruptcy might affect them. We’ll explain the differences between Chapter 7 and Chapter 13 bankruptcy, and how each option could impact your retirement accounts.

You’ll have the chance to ask questions and get advice tailored to your specific needs. We aim to ensure you understand your legal rights and the protections available for your retirement funds under federal and Texas bankruptcy laws.

By the end of the consultation, you’ll have a clearer picture of the steps involved in the bankruptcy process and how Pelley Law Office can help you protect your retirement savings while finding financial relief. Schedule your free consultation today by calling 972-608-0335 and take the first step towards a secure financial future.

Case Results

Result:

M.J. discharged all of her credit card debt and the IRS back taxes through the Chapter 7 and adversarial proceeding.

M.J. had over $85,000 in unsecured debt from caring for a sick family member as well as over $10,000 in back taxes. The IRS argued that the tax return was not timely filed, but we proved to the court that it was.

In re: M.J.

Result:

kept her house and was able to discharge all of her credit card debt in the Chapter 13 bankruptcy.

E.A. was posted for foreclosure on 3/1/16. We filed a Chapter 13 on February 29, 2016 and were able to stop the foreclosure and save her home. She is currently paying her mortgage arrears through a Chapter 13 case.

In re: E.A.

Result:

We proved to the U.S. Trustee that this family passed the 2nd half of the two-part Means Test and were eligible to file a Chapter 7. In short, they saved tens of thousands of dollars by choosing our trial lawyers to represent them.

This family of three had $60,000 in unsecured debt and needed to get out from under it quickly so they could start saving for retirement and their child’s college education. They met with several other bankruptcy attorneys before meeting with us. Every other firm told them that they made too much money to file Chapter 7. Thus, the other firms’ attorney fees for a Chapter 13 would be at least triple what it would be for a Chapter 7. The family made $110,000 a year. According to the IRS’s guidelines, the income for a family of three to pass the first half of the Means Test is just under $60,000.

In re: R.G. & S.G.

Result:

T.D. got her car back, saved a lot of money in interest, and discharged her unsecured debts.

Client’s vehicle was repossessed on 4/19/16. We filed T.D.’s Chapter 13 case on 4/22/16. We were able to recover the vehicle and pay off the balance through a Chapter 13 case at a much lower interest rate.

In re: T.D.

Result:

The H’s beat cancer, discharged the ridiculous medical bills that were not covered by the insurance company they had paid religiously for years, and got rid of their rental house nightmare.

Mrs. H. went through several courageous bouts with cancer and fought through many rounds of chemotherapy. This resilient couple had $160,000 in medical debt and a rental house they could neither sell nor afford to maintain. Right before we were going to file, Mrs. H’s cancer came back. She did not quit fighting. So, we postponed filing until she beat it again and included the newly generated medical debt in her Chapter 7 filing.

In re: J.H. & M.H.

Result:

R.B. saved his car and saved a lot of money by hiring us.

R.B. could not stay current on his vehicle payments because of the high interest rate and it was up for repossession. We filed a Chapter 13 for him, put an end to the repossession efforts and he is currently repaying the vehicle loan through a Chapter 13 case at a much lower interest rate.

In re: R.B.

Result:

We filed Chapter 7 for them both personally and for their business. They discharged nearly three million dollars in business and personal debt and got a fresh financial start.

This family owned a company that supplied medical equipment. Much of their business involved clients on Medicaid. When Medicaid put a moratorium on payments to providers in the area, their well-established business quickly fell apart.

In re: W.L. & P.L.

Result:

T.H.’s car was returned, he saved a lot of money by reducing his interest rate on the car, and he discharged all of his credit card debt.

T.H.’s vehicle was repossessed on May 13, 2016. We filed his Chapter 13 case six days later and we were able to recover the vehicle. T.H. is currently paying the vehicle note through a Chapter 13 Plan at a much lower interest rate and lower monthly payment.

In re: T.H.

Result:

Thanks to our knowledge of an obscure exception to the Means Test, these clients were able to discharge all of their unsecured debts in a quick and easy Chapter 7 case.

These clients had a tremendous amount of credit card debt. However, because of their income they failed the first half of the two-part Means Test. Nevertheless, we proved that they qualified for an exception to the B22 income requirement as disabled veterans. We showed the U.S. attorney this couple met all three of the prongs for this exception.

In re: A.J. & J.J.

Result:

J.W. got rid of the garnishment from her judgment and was able to reduce her monthly budget and discharge all of her unsecured debts.

Client had a garnishment action against her from a Judgment and a high interest vehicle note. Client filed a Chapter 13 bankruptcy to stop the garnishment and repay the vehicle note through a Chapter 13 bankruptcy at a lower interest rate and lower the monthly payments on her car.

In re: J.W.

Result:

This family was thrilled with our firm for not only getting rid of $160,000 of unsecured debt, but also paying less than half of what they owed on their car to own it outright.

This family owed $160,000 in unsecured debt and $16,000 on their car at around 20% interest. They made almost $100,000 a year. That is over $30,000 more than what the Code says you pass the first half of the Means Test indicates for a Chapter 7. Mrs. C. lost her job shortly before filing, so their 6-month average “current monthly income” did not properly reflect their realistic income moving forward. After filing an affidavit of unemployment, we convinced the U.S. Trustee that this family was eligible for a Chapter 7 and we discharged all of their burdensome pre-existing unsecured debts. However, the beauty didn’t stop there: The car that they owed $16,000 on was only worth $8,000 and they were getting killed on the interest rates due to bad credit. We filed a Motion to Redeem and they paid only $8,000 for their car, which saved them over $10,000 over the life of the loan.

In re: J.J. & J.C.

Result:

A.N. got her car back and will discharge her credit card debt while lowering the monthly payments on the vehicle.

Her vehicle was repossessed on 3/21/16. A.N. filed an emergency Chapter 13 bankruptcy case on 3/24/16 and we were able to recover the vehicle for her. A.N. is currently paying the vehicle note through her Chapter 13 Bankruptcy Plan at a much lower interest rate and a much lower monthly payment.

In re: A.N.

Result:

We hired a translator for this deaf couple who also went with us to meet with the 341 Trustee Meeting and they received a quick and painless discharge of all of their unsecured debts.

This couple had an enormous amount of unsecured debt. After visiting with several bankruptcy law firms, they were exasperated by the inability to communicate their financial questions and concerns. Then they reached out to us. The first lengthy meeting was conducted by passing notes back and forth. Then, we hired an ASL translator to accommodate these good people and make them feel as calm as possible.

In re: J.A. & M.A.

Result:

E.N. saved his house from going back to the bank and discharged his unsecured debts.

E.N. was posted for foreclosure on 3/1/16. We filed a Chapter 13 case on 2/25/16 and stopped the foreclosure. E.N. is currently paying the mortgage arrears through a Chapter 13 bankruptcy case.

In re: E.N.

Result:

We convinced the U.S. Trustee that this couple belonged in a Chapter 7 case despite making nearly double what the IRS’s guidelines says is typical for a family of two.

This elderly married couple had over $270,000 of debt from an extended illness. However, they made almost $100,000 as a family of two. The applicable family income to file a Chapter 7 is $57,000, so they clearly failed the first half of the Means Test. We worked with them to maximize their qualified expenses.

In re: W.M. & R.M.

Result:

M.M. was not only able to stop the I.R.S. from charging him post-petition penalties and interest, he was also able to discharge his older IRS debts and pay the recent ones back at 0%.

M.M. had several years of IRS debt. He was able to repay the IRS debt through a Chapter 13 bankruptcy and stop all levy actions.

In re: M.M.

Result:

We helped K.D. file a Chapter 7 bankruptcy. Ultimately, all of her unsecured debts were discharged and we helped her recover thousands of dollars from the flooring company.

Our elderly client was left with tens of thousands in unsecured debt after being scammed by a flooring company that sued her and levied her bank accounts.

In re: K.D.

Result:

D.H. saved a lot of money on her car through the Chapter 13 bankruptcy because she was able to buy it for the amount it was actually worth, rather than the amount she owed at 4% interest. Plus, she put a permanent end to her payday loans and credit card debt.

D.H.’s car was up for repossession. She also had multiple payday loans that were draining her bank account. We filed her Chapter 13 case on 5/24/16 and were able to stop the repossession and stop all collections/garnishments from the payday loans out of the bank account.

In re: D.H.

Result:

We put C.B.’s ex-husband in his place and got her back on her feet.

This divorced single mother was left with a mortgage she could not afford. Her ex-husband took the mortgage payment out of her alimony every month, leaving her without enough money to buy food or gas. We filed her Chapter 7 case, discharged all of her debt (including the huge abandoned house mortgage) and helped her receive the full alimony payments.

In re: C.B.

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My wife and I were very impressed with the quality of help and service we received. They were patient with us when we asked questions or needed help with something. I would highly recommend Pelley Law Firm to anyone who…

Doug B.

In sitting down with Quinton I could immediately tell there is longevity and experience behind his legal counsel. The staff has always been quick to respond to all my concerns. During the entire process there was a lot of confusion…

Joshua P.

God Bless this Law Office! Mr. Richard Pelley was my Attorney and he and his staff are the best I have every have the pleasure to work with. When they say they will "WORK HARD FOR YOU" they really take…

Kenneth W.

Very professional, our paralegal Sarah Thorn was terrific and timely. I met with several of the Pelley family throughout our working with them. All of them were caring and knowledgeable folks. I would highly recommend them.

Patrick M.

Ours was a difficult case and required alot of back and forth for many months. Sarah Thorn was always responsive and helpful throughout this stressful journey. I cannot be more appreciative to her and the Pelley firm for bringing our…

Kristi J.

The Pelley Law Firm recently handled my bankruptcy. During a ridiculously long and drawn out divorce, I discovered my now ex-husband had run up untold lines of credit in my name and defaulted on them all. Add to that, a…

Heather C.

I worked with Sarah on my Bankruptcy case and she was nothing but helping. She explained the differences between the 3 options, made sure I understood the process and answered all my question via phone/person/email in a timely manner. Mr.…

Walter L.

This was a very stressful time for my husband and I, especially me, but Mr. Pelley treated us very courteous and patient. We were lead through each step and everything was explained to us fully. If I had questions, Janice…

ALICE S.

It’s been a while since I’ve stepped in Pelley Law Office’s doors. Back then I was ashamed of what I was going through. When it was over and Sarah asked me to write a recommendation for the office and I…

Diane H.

Pelley Law was a pleasure to work with. I'm not a fan of complicated legal issues and/or paperwork nor do I know anyone who particularly enjoys these topics however Pelley Law made these things as smooth as possible and explained…

Nathan G.

I worked with this office for 2 years. Mr. Richard Pelley and Sandra have been the best to work with. They're knowledgeable and patient with kindness and pay special attention to details to any bankruptcy needs. I highly recommend this…

Nicole L.

Words cannot describe what a pleasure it was to work with Sarah Thorn and Richard Pelley. They helped me successfully navigate a very difficult bankruptcy. They took all the worry and stress off me. My spouse passed away during the…

Susan L.

Sarah Thorn was amazing to work with. She was very caring and responsive to all of my needs. I'm a disabled veteran so it made for an interesting case that Mr. Pelley and his team found a way to bring…

Stephen

Wow! Where do I begin?! This law firm does AMAZING work and genuinely care about their clients! I met with various other attorneys throughout the metroplex, and none gave me the peace of mind that I felt after meeting with…

Cody W.

Pelly Law Office was very helpful in my time of need. They showed true concern and were timely in completing my case. Sarah Thorn was exceptionally helpful and was always there for me when I had any questions or concerns.…

Abby L.

I went through a tough situation and the team at Pelley Law was awesome in helping me through my situation. It was a tough decision but I am happy to have made it. Thank you Mr. Pelley and team, you…

Melissa K.

During our case with Pelley Law Office everyone was very professional and courteous, from the front desk to the assistants to the attorneys they handled our case from beginning to end and were always there to answer questions and concerns…

Karen B.

Its hard to explain how different I felt walking out of Pelley Law office after my initial consultation with Sarah, tthan how I felt walking in. It was like a weight had been lifted. For the first time in a…

White B.

We were very pleased and happy with the Pelley Law firm. They handled our bankruptcy with grace and put us at ease. Sarah was a great help with all the questions and paperwork that we had. I would recommend them…

CJ W.

Helping one person might not change the whole world, but it could change the world for one person. The Pelley Group is an amazing group of professionals that gives individual consideration and attention to meet clients needs and goals. Lawyers,…

America F.

Pelley Law offers amazing help when you are in need. Sarah and Mr. Richard Pelley are an amazing team Sarah was always available to help us with our questions and concerns. We feel like Sarah has been a true friend.…

BK LOVE

Pelley Law office helped me with my bankruptcy and went above and beyond with my case. I feel like 30 lbs is off my back . Me and my daughter can start fresh so Thank you to everyone in the…

M C

Very efficient, very kind. My husband and I had to file bankruptcy and were referred to Pelley law offices by a friend who used them a few years ago. They were everything our friend said and more. They were very…

Juli

I highly recommend Pelley Law Office to anyone that is in need of legal protection in bankruptcy protection. The whole staff was very professional and treated us with respect and dignity throughout the process. Ever since 2007, we struggled with…

Jessie D.

Picked Pelley Law from the Yellow pages. My first meeting was pleasant and informative. Explaining the steps involved, cost and time involved to get through the process. Left with a workbook to get started on the paperwork. My paralegal, Sarah,…

Mike G.

I had a very pleasant experience! Sarah was very helpful and answered my questions with no problems, and very responsive. Also, Rick was great with preparing me for my trial. The process for my Ch 7 Bankruptcy was very smooth.…

Brian P.

Our experience with Pelley Law was top-notch. Sarah was extremely informative and helpful during the entire legal process. We always felt confident we were in good hands. And Mr. Pelley was amazing at our hearing - we felt completely at…

Rebecca C.

Pelley Law Office helped us through a very difficult financial situation related to medical bills and related debt. We determined together that Chapter 7 was our best solution, and Sarah was amazing all the way through the process, providing guidance…

Allison B.

When we needed legal help most, Richard Pelley and Sarah Thorn were there for us! Richard guided us through the process, and we had the pleasure of working with Sarah to get us to the court date! It's an intimidating…

E V

The court results were better than expected and the honest care I got was truly moving. The Pelley Law office experience has been better than I could have ever hoped for. The customer service is outstanding. Quinton Pelley took on…

Katherine R.

There are so many attorneys out there offering bankruptcy services that we thought it would be a nightmare finding the right attorney for our Chapter 7 Bankruptcy. After doing some research, we were directed to Pelley Law Firm and spoke…

Stacy P.

I highly recommend Mr. Pelley, together with his two outstanding Paralegals, Michelle and Liz. I needed a Bankruptcy attorney about a year ago and after my first consultation with Mr. Pelley, I knew Pelley Law Firm would be my only…

Peggy C.

Mr. Q. Pelley & Ms. Layer there is so much I want to thank you for but I’ll try and keep it brief. I cannot stress the importance of your communication and availability in such a hard time in my…

S P

BEST ATTORNEY IN THE STATE OF TEXAS!!! I feel very Blessed that I was given the honor to have this Office represent me. Mr. Pelley and Christy are the most caring people you will ever meet, they look out for…

Jorge B.

I am extremely happy with the results and services provided to us by Mr. Quinton Pelley he has won our case and I couldn’t be any more grateful. If you ever find yourself needing to hire a lawyer I HIGHLY…

Vso P.

Pelley Law Office is a different type of lawyers office. Caring, hard working, and informative. Which is unheard of in this day and age. And when shopping for lawyers, Pelley’s Law Office was a reasonable cost because they truly do…

SoaR A.

Locations

Dallas Office
Plano Office
Sherman Office

Dallas office

400 Crescent Court, Suite 700
Dallas, Texas 75201

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