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Greak & Smith, P.C.

Greak & Smith, P.C. from Lubbock Texas works as Asset Protection Lawyers, and Bankruptcy Lawyers. Feel free to contact us at the following contact information.

8008 Slide Road Suite 33 Lubbock Texas, 79424
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(806)783-0071

(806)783-0045

www.lawyers.com/greak&smith

Last updated 2022-01-07

Specialties of Greak & Smith, P.C.:
  • Asset Protection Lawyers
  • Bankruptcy Lawyers
Asset Protection Lawyers: Asset protection (sometimes also referred to as debtor-creditor law) is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments. The goal of asset protection planning is to insulate assets from claims of creditors without perjury or tax evasion.
Bankruptcy Lawyers: Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors.The philosophy behind the law is to allow the debtor to make a fresh start, not to be punished for inability to pay debts. Bankruptcy law allows certain debtors to be discharged of the financial obligations they have accumulated, after their assets are distributed, even if their debts have not been paid in full. Some bankruptcy proceedings allow a debtor to stay in business and use business income to pay his or her debts.

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