Filing for Chapter 13 Bankruptcy Protextion in Richland Hills, TX
Chapter 13 bankruptcy, also known as “reorganization” bankruptcy or a “wage earner’s plan,” allows people with regular incomes 3-5 years to pay off most or all of their debts through installment payments to creditors. Collection efforts in a Chapter 13 must, like in Chapter 7, come to a halt.
Prospects of Filing Bankruptcy
The prospect of declaring bankruptcy can be as intimidating as the debt itself. You may be unsure where to begin or what steps to take to protect yourself and your rights. Bankruptcy involves a lot of paperwork, and any mistakes you make because you are unfamiliar with the process or lack the necessary legal knowledge can jeopardize your financial future. Furthermore, declaring bankruptcy takes time.
Because of this, it is advisable that you work with our skilled Fort Worth bankruptcy lawyers, who have years of experience practicing bankruptcy law and guiding clients through what can be a challenging procedure. We can represent you in court and handle all of the paperwork, including correspondence with creditors and the court!
