What You Need To Know About Chapter 13 Bankruptcy

When you reach the point with your finances where you recognize that you need assistance because you are overwhelmed by debt, you have options. It is important, however, to work with the right bankruptcy lawyer for your situation.

You should work with a caring, knowledgeable bankruptcy attorney who will listen to you. At the Steele Law Firm in Fort Worth, I take a hands-on, personal approach to each client. I am dedicated to giving all of my clients the attention they deserve.

I know that everyone's situation is different, and so I get to know my clients and learn about their lives in order to guide them toward the solution that works best for them.

Remake Your Financial Picture With A Debt Repayment Plan

For many people, Chapter 13 bankruptcy is an appealing alternative to filing for Chapter 7. Under Chapter 13 bankruptcy, you set up a repayment plan to pay down your debts, rather than having some of your assets liquidated. This means you are often able to keep many of your possessions that might otherwise be lost.

The repayment plan you set up is dependent on the creditors that you have and what you owe them. Repayment plans last from 36 to 60 months — three to five years. Not everyone is eligible for Chapter 13 bankruptcy, though, so it is important to consult with a bankruptcy attorney to help you determine your eligibility.

Contact the Steele Law Firm today. We handle cases from Arlington and the surrounding area, and we offer free initial consultations. Call our office at 682-990-9372 or complete and submit our online contact form.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.