Dallas, Texas, Chapter 13 Bankruptcy Attorney
Chapter 13 bankruptcy is for a person who wishes to reorganize his or her debt and get a little breathing time. A Chapter 13 attorney can help you to reorganize debt, protect your secured assets from creditors and work out a payment plan to repay those creditors.
Being experienced in both sides of consumer or personal bankruptcy affords me, Dallas, Texas, Chapter 13 bankruptcy attorney Nancy E. Ridgway, the ability to assimilate your information, understand it and give you a more thorough picture of what your alternatives are. Bankruptcy isn't always something I recommend, however, and, if I can find a way for somebody to stay out of bankruptcy, I do. Contact me today for a free initial consultation to learn more about debt reorganization.
Similar to Chapter 7 bankruptcy, many people go into a Chapter 13 bankruptcy because they have had medical or employment issues, or some other event has set them back. In a Chapter 13, however, the debtor does have discretionary income left over at the end of the month after paying for housing, food and other essentials.
If you are behind on secured debt (for example, a mortgage or car payment), I can help you work out a plan to repay creditors over a period of time while you retain property that would otherwise be liquidated in a Chapter 7. Chapter 13 is for a person who wishes to reorganize debt but who needs relief and time to reorganize his or her life.
In some cases, a bankruptcy lawyer can even reduce the amount of money that is owed to the creditor. For instance, you have to own a car for 910 days before you can do what is called a cram-down, in which you will pay the lender only the value of the car. Chapter 13 bankruptcy can also be used to work out a payment plan to take care of medical bills, for arrearages on secured debt, federal income tax arrearage and for tax relief.
Chapter 13 filers are able to get back on their feet with the help of an experienced Chapter 13 attorney. If you just need some relief and some additional time to pay off creditors, contact me, Dallas County Chapter 13 attorney, Nancy Ridgway.
Located in Dallas, Texas, near the LBJ Freeway, the law firm of Nancy E. Ridgway serves clients in Dallas and throughout the Dallas-Fort Worth (DFW) Metroplex area, including Allen, Arlington, Bedford, Carrollton, Cedar Hill, Coppell, Denton, Farmers Branch, Flower Mound, Fort Worth, Frisco, Garland, Grand Prairie, Irving, Lancaster, Lewisville, Mansfield, Mesquite, North Dallas, Plano, Richardson, Rowlett, University Park, Wylie, Collin County, Dallas County, Denton County and Tarrant County.Credit Cards Accepted ∙ Evening/Saturday Morning Hours by Appointment
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Nancy E. Ridgway
9441 LBJ Freeway, Suite 106
Dallas, TX 75243-4629
Phone: 972-671-5000
Fax: 972-671-5100