Times are tough. People are struggling to keep up with their basic financial obligations, including credit card debts, mortgage payments and medical bills. To many, their financial circumstances may seem hopeless. Is there any way of recovering from seemingly unending debt?
Attorney Liza A. Greene has answers to your many legal questions. She is Board-Certified in Consumer Bankruptcy Law by the Texas Board of Legal Specialization* and is fully prepared to discuss your debt relief options. Whether you qualify for Chapter 7 bankruptcy or fall under the eligibility requirements for Chapter 13 bankruptcy, Liza Greene will help guide you toward financial security.
Contact Liza Greene’s Houston office to arrange a consultation with a skilled bankruptcy lawyer.
What Is Chapter 13 Bankruptcy?
Chapter 13 bankruptcy is often a good option for those who have significant assets and a steady source of income. In Chapter 13 bankruptcy, a payment plan is established to repay creditors over time without additional penalties and interest. A monthly payment amount is determined based on your income and expenses and repayment is usually accomplished over a period of three to five years. Any remaining dischargeable debt will be eliminated at the end of the payment plan.
Chapter 13 bankruptcy allows you to keep your home if you are in danger of foreclosure. In fact, once a petition is filed with the courts, all collection actions must cease. This enables you to make the necessary arrangements without fear of harassment from lenders. It can also be a good choice to protect your business.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.