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Firm Overview

My firm is a family firm. My wife is the office manager and my daughter is the associate attorney.

I have been practicing law for 20 years. I have exclusively handled bankruptcy cases since 2000.

Example cases

I regularly handle Chapter 7 and Chapter 13 bankruptcy cases.

I am Board Certificed in Consumer Bankruptcy by the Texas Board of Legal Specialization
Main Office

Main
5445 La Sierra Drive
Suite 400
Dallas  TX  75231

Phone
  • (214) 696-9601
Fax
  • (214) 696-9635

Fees

Free Initial Consultation?

Yes.

Services Offered For Fixed Fees?

This is handled on a case-by-case basis.

Hourly Rates

See above.

Office Information

Office Hours

Monday through Friday
8:00 a.m. to 5:00 p.m.

Saturday
9:00 a.m. to 3:00 p.m.

Office Manager

Diana L. Price.

Emergency After Hours

Yes

Languages Spoken

Spanish.

Bankruptcy
Our firm specializes in chapter 7 and chapter 13 bankruptcy filings. We also specialize in fight illegal debt collection tactics that debt collectors sometimes use.
What you stand for is as important as the product you sell or the services you provide. This site is devoted to explaining what we do and what we stand for. We are a purpose-based company, that is we are out to prove that when you unleash the power of purpose, it creates a sea of change in the business which you compete, which for us is helping people through bankruptcy.

Our goal is to help you during this difficult time to make the best and most informed decisions. Bankruptcy protection stops collections, garnishments, lawsuits, repossessions, foreclosures, and creditor harassment. In most cases, bankruptcy filers keep all of their property, including their house, cars, furniture, and other household items.

How did your firm decide on the primary area of practice(s)?

Before becoming a bankruptcy lawyer, I had practiced criminal law, family law, and personal injury, but very little bankruptcy. Although I felt a particular interest in family law, I eventually became dissatisfied. A friend encouraged me to practice bankruptcy law, and I believed bankruptcy was my niche.

I enjoy bankruptcy because it is more complex than other areas of the law which I have practiced: The bankruptcy code requires intense study, and therefore, it is not an area of the law in which many attorneys are fluent. I also enjoy practicing in federal court. I like bankruptcy law because I enjoy counseling my clients about their finances. Bankruptcy law is also a societal area of the law: If lawmakers study bankruptcy filers they could find where we need help. Most of my clients file because they were unemployed or underemployed for a period, many file because of medical bills; others file because of divorce or because they are not receiving child support. Bankruptcy is an area of the law to which everyone can relate because everyone knows someone with financial issues.

What is your firm's point of view regarding clients educating themselves on legal issues?

It is important that clients educate themselves before they hire a bankruptcy attorney. They should consider:

1. Board Certification. Attorneys that are board certified in Consumer Bankruptcy Law are specialists that represent non-business debtors and creditors in bankruptcy cases. To become board certified in Consumer Bankruptcy Law, an attorney must have:
* Been licensed to practice law for at least five years;
* Devoted at least 30 percent of his practice to bankruptcy law for at least three years;
* Handled a wide variety of bankruptcy law matters (including at least 15 contested court cases) to demonstrate experience and involvement;
* Regularly attended bankruptcy law continuing education seminars to keep up to date on changes in bankruptcy law;
* Been evaluated by fellow lawyers and judges; and
* Passed a day-long written examination.
Initial certification is valid for five years. To remain certified, a lawyer must apply for recertification every five years and meet practice, peer review and continuing legal education requirements.
A board certified lawyer may indicate certification by stating that he is "Board Certified, Consumer Bankruptcy Law, Texas Board of Legal Specialization." Lawyers that are not board certified must state: "Not Certified by the Texas Board of Legal Specialization" on all advertisements.
The Texas Board of Legal Specialization has issued a brochure entitled "What is a Bankruptcy Law Board Certified Attorney?" This brochure provides an overview of the requirements for board certification.
We recommend that you choose a board certified lawyer regardless of whether you hire Billy D. Price, P.C. or another law firm. If you do not have any specific information about a particular attorney's reputation or experience, you are more likely to receive competent advice and representation if the attorney is board certified.

2. Specialization. Does the attorney devote all or most of his practice to bankruptcy cases? Many attorneys who file bankruptcy cases devote a substantial amount of time to other practice areas such as personal injury, criminal, family, probate, immigration, real estate, or corporate law. Even board certified bankruptcy lawyers are permitted to devote as much as 70 percent of their practice to non-bankruptcy areas.

Again, if you lack any specific information about a particular attorney's reputation or experience, you are more likely to obtain a good bankruptcy lawyer if that lawyer limits his practice to bankruptcy cases. I limit my practice to bankruptcy matters and do not handle personal injury, criminal, family, probate, immigration, real estate, or corporate cases. I have represented debtors in over 3,000 bankruptcy cases.

3. Credentials & Ethics Information. Has the attorney been disciplined for ethical violations? We encourage you to check the credentials and ethics record of every lawyer you consider. Obviously, it is preferable to hire an attorney that has not committed ethical violations. You can check the general credentials and ethics record of any Texas attorney at the Texas State Bar website. Go to the "Find a Lawyer" tab at the bottom of the home page and specify the attorney's name. This site will also provide other helpful information about the lawyer such as education, practice areas, year licensed, courts admitted and board certifications.

4. Personal Attention. Does the attorney personally handle the cases? You will never see or talk to an attorney at many bankruptcy law firms. A legal assistant will interview you and take all of your calls. At some other law firms, an attorney will conduct the first interview, but after that, you will never hear from the attorney, and a legal assistant will take your calls.

Insist on personal attention from your attorney! At Billy D. Price. P.C., we take pride in the personal attention given to our clients. I will personally discuss your financial situation and answer your questions. I will personally handle your case and will be available for consultation at any time.

Is your firm willing to review documents prepared by clients?

I do not offer this service and do not recommend clients represent themselves in a bankruptcy.

Is your firm willing to coach clients who want to represent themselves?

I do not offer this service and do not recommend clients represent themselves in a bankruptcy.

Billy D. Price

Before starting my own firm, I was a partner in the Law Firm of Price, Heald and Price.

Although I knew I wanted to be a lawyer, it was difficult to get there. My family could not afford to send me to college and I paid my tuition myself. In addition, I met and married my wife when I was 21 and we had both our children by the time I was 24. Consequently, I could not spend all my disposable income on my education. I began college at 18 and finished when I was 27. During this time I often worked 80 hour weeks to support my family. I also knew I would need nearly all A's on my college transcript to obtain admission to law school, in addition to working long hours I spent my spare time in school, and I did not see my family often. When I went to law school, my wife and children stayed in our hometown so my wife would not receive a reduction in her salary. Meanwhile, I went to school in another city and drove home on the weekends. During my second year, my family moved with me to law school. I finally graduated law school when I was 31: It had taken many years to reach my goal and lots of hard work. These experiences taught me the value of patience, and tenacity. Because of this I am a better lawyer today.

One of my biggest strengths is my experience and patience. My style is to discuss a client's options fully and extensively and advise the client by giving an honest opinion and a list of pros and cons. However, whether to continue is ultimately the client's decision.

Personal interests:

I enjoy politics, sports, movies, family, and pets; particularly dogs.

License
  • Bar Number: 16283860
    Texas , 1992
Education
  • Texas Tech University School of Law
    Doctor of Jurisprudence , 1991
    Lubbock, TX
  • University of Texas of the Permian Basin
    Bachelor of Arts in History and Political Science , 1989
    Odessa, TX

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