Chapter 13 Bankruptcy Lawyer Garland, TX
If you’re hoping to make your debt more manageable and to have some of it forgiven over time, consider scheduling a risk-free consultation with a Chapter 13 bankruptcy lawyer Garland, TX residents trust. Chapter 13 bankruptcy allows filers to reorganize their existing debts. At first glance, this opportunity might not seem terribly consequential. But oftentimes, all debtors need to get a solid handle on their finances is the opportunity to halt the collections process in its tracks and get on a manageable monthly payment plan. A significant “added feature” of this process is that after debtors successfully make their monthly debt payments for 3-5 years, any remaining eligible debt is wiped out. Once this discharge order is entered by the court, creditors can never again demand payment of that debt.
The Chapter 13 Bankruptcy Process – Steps
The first thing you’ll need to do if you’re interested in filing for Chapter 13 bankruptcy is consult with an experienced Garland, TX Chapter 13 bankruptcy lawyer. While it is technically possible (although not generally advisable) for Chapter 7 bankruptcy filers to prepare their bankruptcy petitions without legal counsel, Chapter 13 bankruptcy is a complex process that shouldn’t be undertaken without personalized assistance from a local attorney who has extensive experience practicing bankruptcy law.
When you meet with our firm, please bring along (to the extent that you can) any information about your income, debts, and expenses that you have readily available. The sooner we can get detailed information about these aspects of your finances, the quicker we can begin preparing your bankruptcy petition. Before this paperwork can be filed with the court, you’ll need to complete a pre-filing credit counseling course that has been approved by the Department of Justice for filers located in the Garland, Texas area. Once your bankruptcy paperwork is ready and you’ve gathered funds to pay your filing fee, we’ll submit your case to the court.
During the course of the process, you’ll need to take a second education course, attend a meeting of your creditors, and attend a confirmation hearing. We will prepare you for each of these steps. We will also work hard to ensure that they repayment plan we construct on your behalf is manageable so that you can feel confident that you’ll be able to complete the process successfully.
Legal Assistance Is Available
The Chapter 13 bankruptcy process can offer you a fresh start and an opportunity to build a solid financial foundation that will serve you and your family well in both the near and distant future. To explore your bankruptcy options, schedule a no-risk, confidential consultation with the experienced Texas legal team at The Allmand Law Firm, PLLC today. Once we learn about your income, expenses, property, debt, and financial goals, we’ll help you make informed choices that will allow your Chapter 13 repayment period to progress successfully. We look forward to working with you. Please connect with our Garland, TX Chapter 13 bankruptcy lawyer team today.