What Is Chapter 13 Bankruptcy?

Ask a knowledgeable lawyer in Amarillo, TX

When you file for Chapter 13 bankruptcy, your debts are consolidated and reduced to one affordable monthly payment based on your monthly disposable income. This lets you catch up on any delinquent payments on homes and vehicles while keeping your property. Residents in Amarillo, TX turn to The Law Office of Dennis R. Boren when they need a Chapter 13 bankruptcy lawyer.

Attorney Boren is prepared to answer your questions and concerns about this type of bankruptcy. Call (806) 206-8180 now to speak with him about your financial situation.

The benefits of filing for Chapter 13 bankruptcy

If you're considering Chapter 13 bankruptcy, you should know that there are many benefits to making this responsible choice. Here are a few:

  • It could stop foreclosure on your home
  • It will allow you to repay debts over the course of three to five years
  • It will keep creditors from harassing you
  • It discharges most unsecured debts, such as credit card or medical bills
  • It may discharge some IRS taxes or prevent them from charging interest
Before starting the filing process, you should discuss your particular financial situation with an experienced Chapter 13 bankruptcy lawyer in Amarillo, TX. Attorney Boren will make sure this is the best option for your needs.