Filing Chapter 13 Bankruptcy in Texas

Call Phillip H. Trueba, A Bankruptcy Lawyer in Houston with 20+ Years of Experience.

If you aren't eligible to file Chapter 7, or if you are seeking to retain secured assets like a house or a car that are under threat of foreclosure or repossession, a Chapter 13 may be the right option for you. Phillip H. Trueba, a practiced Chapter 13 bankruptcy attorney in Houston, can review your financial situation and steer you towards the right path to start regaining control of your debt.

At Phillip H. Trueba, Attorney at Law, every client meets with founding attorney Trueba. Attorney Trueba has an impressive 20+ years of experience in bankruptcy law with effective results for his clients.

Interested in learning more about your bankruptcy options? Call our firm: (713) 481-0022.

What Is Chapter 13 Bankruptcy?

Individuals who have regular income, unsecured debt less than $383,175, and secured debt less than $1,149,525 are eligible for a repayment plan under Chapter 13. In Chapter 13, debtors keep their property and make regular payments to the trustee in order to repay creditors over the life of the plan, which is between three to five years. Debts may be repaid in full, repaid in part, or not repaid at all.

Chapter 13 is most commonly used for the following:

  • Preventing a house foreclosure
  • Making up missed car payments
  • Making up missed mortgage payments
  • Paying back taxes
  • Stopping interest from accruing on your tax debt
  • Keeping valuable, non-exempt property

Depending on the type of debt, some debts must be paid with interest. Repayment will vary based on the debtor's income and the composition of the debt. Additionally, certain debts may be discharged in Chapter 13 that can't be discharged in Chapter 7. We can review these in a free consultation.

Ready to Move Towards Financial Freedom? Call (713) 481-0022.

Our goal in each and every bankruptcy case is to make our clients' experience as fast, efficient, and painless as possible. We are rated A+ by the Better Business Bureau and provide personalized counsel for every individual or family we work with. With more than two decades of hands-on bankruptcy law experience, attorney Phillip H. Trueba can help bring you closer to your goals of financial independence.

Begin your journey by calling (713) 481-0022. We are ready to help.