Houston Chapter 13 Bankruptcy Lawyers

Bankruptcy Attorneys in Houston, Texas

If you have regular income but are facing overwhelming debt, Chapter 13 may be the right option for you. The intended outcome of a Chapter 13 bankruptcy (also referred to as “reorganization” or “wage earners plan”) is for a debtor’s debts to be reorganized and paid by a monthly payment for 3 to 5 years. After successfully carrying out a Chapter 13 payment plan, a debtor’s remaining debts will be discharged (those that are eligible.)

If you are considering Chapter 13 bankruptcy, a Houston bankruptcy lawyer at Mills & Henshaw may be able to help you. We represent clients throughout the Houston metropolitan area and offer a free consultation to discuss your financial situation and how bankruptcy can help. An attorney at our firm will take the time to meet with you and discuss your short and long-term financial goals in order to help determine whether you qualify for Chapter 13 and whether this is your best option.

Chapter 13 Bankruptcy

To begin bankruptcy proceedings, an individual must file a Chapter 13 bankruptcy petition with the court where he or she lives. The petitioner must include extensive financial information, including information about assets, debts, income, expenses and more. By filing for bankruptcy under Chapter 13, an automatic stay will be placed against most debt collection proceedings, including lawsuits, creditor harassment, foreclosure proceedings, wage garnishment, repossession and more.

Chapter 13 is particularly effective in staying foreclosure proceedings. If you are facing foreclosure and are trying to determine if there is a way to save your home, bankruptcy may be the right option for you. However, filing for bankruptcy is an important decision that should only be made once you have all the facts and fully understand your rights and options in this regard. A Houston Chapter 13 bankruptcy attorney at our firm will be happy to give you all the information you need so you can make the best decision for your particular situation.

Contact a Houston Chapter 13 bankruptcy lawyer at Mills & Henshaw for the honest and informative legal advice and guidance you need.