Chapter 13 Bankruptcy

If you’re overwhelmed by debt but have a steady income and want to protect your assets, Chapter 13 Bankruptcy may be the right solution for you. At the Law Office of H. Bryan Hicks in Marble Falls, Texas, I help individuals and families regain control of their finances through structured repayment plans, allowing them to keep their homes, vehicles, and other valuable assets while paying off debt over time.

Chapter 13 Bankruptcy, often referred to as a “wage earner’s plan,” allows individuals with regular income to reorganize their debts into a manageable repayment plan. Unlike Chapter 7, which might involve liquidating non-exempt assets, Chapter 13 enables you to keep your property while repaying your debts over a period of three to five years. This option is particularly beneficial for those who are behind on mortgage or car payments and want to avoid foreclosure or repossession.

• Have a regular income and can commit to a repayment plan.
• Want to avoid foreclosure or repossession of important assets like a home or vehicle.
• Have significant debts that are not dischargeable under Chapter 7, such as certain tax obligations or student loans.
• Are seeking a way to manage and repay their debts without losing their property.

Filing for Chapter 13 Bankruptcy is a complex process that requires careful planning and legal expertise. I am here to guide you through each step, ensuring that your repayment plan is tailored to your financial situation and approved by the court. Here’s how I can assist:

Initial Consultation: We’ll begin with a free consultation to review your financial situation and determine if Chapter 13 is the best option for you.

Developing Your Repayment Plan: I will work with you to create a feasible repayment plan that fits your budget while satisfying your creditors.

Filing Your Petition: I will help you prepare and file the necessary documents, including your repayment plan, with the bankruptcy court.

Managing Your Case: Throughout the repayment period, I will provide ongoing support, handling any issues that arise and ensuring that your plan remains on track.

Completing a Chapter 13 repayment plan can provide significant relief and a sense of accomplishment. It’s an opportunity to rebuild your credit, regain financial stability, and move forward with your life. I can offer guidance on managing your finances post-bankruptcy, helping you maintain financial health and avoid future debt problems.

With over 30 years of experience in bankruptcy law, I understand the challenges you face and am committed to helping you achieve the best possible outcome. When you work with me, you can expect:

Personalized Attention: I take the time to understand your unique financial situation and tailor my services to meet your needs.

Expert Guidance: I bring a wealth of knowledge and experience to every case, ensuring that your bankruptcy process is handled efficiently and effectively.

Compassionate Support: I recognize the emotional toll that financial difficulties can take, and I am here to provide support and understanding throughout the process.