Chapter 13
Helping you repay your debts over time without losing your hard-earned assets
Chapter 13 Bankruptcy Attorney In San Antonio, Texas
What Is A Chapter 13 Bankruptcy?
If you're facing the stress of falling behind on your mortgage or car payments, David Cain in San Antonio, Texas can guide you through a Chapter 13 bankruptcy to help stop foreclosure on your home and retain your vehicle. David will work with you to develop a plan that might even reduce your car payments. In certain situations, you could qualify to pay only a percentage of your debt while keeping ownership of your valuable assets, such as your home and car.
Additionally, if unpaid parking tickets have led to the loss of your driver’s license, a Chapter 13 proceeding may help you regain it. To fully benefit from what a Chapter 13 bankruptcy offers, you need the guidance and dedication that David Cain provides. With a focus on achieving positive outcomes for his clients, David is ready to assist you in navigating your financial challenges. Schedule an appointment with David T. Cain Law Office today to understand how he can help you secure your financial future.
Call David T. Cain Law Office at 210-796-7431 to schedule a consultation with a lawyer today.
How Do I Qualify for a Chapter 13 Bankruptcy?
First of all, you need a regular, stable income – enough to make regular payments in the court’s judgment. Your income need not come from a job; you can also qualify if you receive Social Security or disability benefits, unemployment payment, retirement benefits, or even rental income. However, if you’re a stock or commodity broker, you won’t be eligible for a Chapter 13 bankruptcy. Corporations are ineligible for Chapter 13 relief. Sole proprietors and self-employed persons may qualify if their debts fall within certain specified boundaries. Also, if your debts span more than three to five years, you will likely qualify, provided you pass a means test to determine your eligibility. David Cain in San Antonio, Texas, is ready to review your situation and help determine if a Chapter 13 bankruptcy is in your best interest. To get started, contact David's office as soon as possible.
What Happens During a Chapter 13 Proceeding?
Navigating the complexities of Chapter 13 bankruptcy can feel overwhelming, but having David Cain, a dedicated bankruptcy attorney in San Antonio, Texas, by your side can provide the guidance you need. First, it's essential to determine your eligibility through the means test. Once qualified, filing for Chapter 13 bankruptcy can halt foreclosures, wage garnishments, repossessions, lawsuits, and other creditor harassment.
David will assist you in crafting a repayment plan, which requires court approval. The court ensures your proposal is made in good faith, with unsecured creditors receiving at least as much as they would under Chapter 7. Your plan should also allocate all disposable income—everything beyond your essential support and maintenance—toward payments. This process may be complex, but with David Cain’s support, you can proceed with confidence towards successful resolution. To begin your journey, reach out to David T. Cain Law Office today and take the first step towards financial stability.
Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.
Have Questions?
You don’t have to face overwhelming debt alone. Contact the David T. Cain Law Office at 210-796-7431 today to
schedule a free consultation and find out if bankruptcy is the right path for you.