Why file Chapter 13 Bankruptcy?

There are a number of reasons that you would file a Chapter 13 Bankruptcy.  First, most people that are having financial problems have quite a bit of unsecured debt.  Unsecured debt is an obligation which does not have a lien against any property.

Secondly, a debtor who is being charged interest by the IRS on a past due tax obligation can file a Chapter 13 to eliminate the post petition interest and penalties.  Also, if someone is facing foreclosure, then a Chapter 13 can stop the foreclosure and help the debtor to get caught up on the arrears.  Chapter 13 can also prevent repossession.

Contact Our Texas Bankruptcy Law Firm For Help Today

If you’re facing bankruptcy in Texas, we’re here to help. Contact the experienced bankruptcy lawyers at Pelley Law Office, L.L.P., today to schedule a free consultation.

We proudly serve Plano, Dallas, Sherman, and the surrounding areas.

Pelley Law Office L.L.P. – Plano Office
Address: 1312 14th St, Plano, TX 75074
Phone: (972) 608-0335
Hours: 24/7

Our firm is located near you. Find us with our GeoCoordinates: 33.0180322,-96.6952916,863

Pelley Law Office L.L.P. – Sherman Office

Address: 905 N Travis St, Sherman, TX 75090
Phone: (903) 813-4778
Hours: 24/7

Our firm is located near you. Find us with our GeoCoordinates: 33.6445846,-96.6113141,857