Texas Chapter 13 Bankruptcy Law Firm
In a Chapter 13 bankruptcy, you seek a court order which provides for one monthly payment, which usually lasts three to five years. The court order is a "plan", where payments are based primarily on what you can afford, on what you're able to pay back. If you're trying to stop a home foreclosure or car repossession, the past due amounts are put into the plan and paid back over time. Your credit card debt is all placed into the plan, and the creditors are forced to accept their allotted share of your plan payment.
The credit card company may receive nothing in a Chapter 13 bankruptcy, or they may receive 100%. But the amount of money a credit card company says you owe is "frozen" once you file your case, and the high revolving interest rate is reduced to 0%. The Chapter 13 protects you from creditors, foreclosures, and repossessions while allowing you to keep your home and personal property.
Get Your Financial Life Back on Track
Julian, Shuster & Crowder, P.C., has helped many people file for Chapter 13 bankruptcy and get their financial lives back in order. Send an e-mail directly to a bankruptcy attorney or call 972.315.6222.
David Shuster, our bankruptcy attorney, will provide you with knowledgeable legal advice and will answer all of your questions about bankruptcy law. Start climbing out of your predicament from the moment you meet with us face to face in a free initial consultation.
Questions that clients ask include:
- Will a chapter 13 bankruptcy stop my foreclosure?
- Am I going to be sued?
- How long does the process take?
- Do I have to go to court?
- Other bankruptcy questions.
A chapter 13 freezes all foreclosure actions. It is often taken as a step to prevent foreclosure. Once you are in bankruptcy, creditors must go through your legal representative. That alone is reassuring.
David Shuster, our bankruptcy attorney, generally meets with clients at least two to three times. We are able to file once we have all of the financial information necessary according to the law. In most cases, you will not have to go to court, because we will represent your interests.
Call us at 972.315.6222 to arrange a free initial consultation with an experienced and caring attorney. Start sleeping better tonight knowing that a fresh start is available for you.
