What Is Chapter 13?

In 2011 there were nearly one million applications for bankruptcy protection.  Yet the notion persists that bankruptcy is an embarrassing process that will ruin any opportunity for financial well-being. Chapter 13 bankruptcy, often called the “wage-earner plan” or...

The Chapter 13 Trustee

“God and I are not equals; I can’t bring a case against him.   We’ll never enter a courtroom as peers.  How I wish we had an arbitrator to step in and let me get on with life. . .to free me from this terror so I could breathe again.”-Job 9:32-34...

Should I File Bankruptcy?

Since this is a bankruptcy law firm, you might expect our answer to be “yes”. But a better answer is “maybe”. Most people in the Dallas area are struggling to manage their debt, to one degree or another. Some of your neighbors are facing repossession, foreclosure, or...

Using Chapter 13 Bankruptcy To Stay In Your Home

Jim and Susan own and operate a small medical supply business in Dallas, Texas. In 2008, they purchased a $200,000 home using an 80/20 mortgage with an adjustable interest rate. Four years later, the value of their house has dropped to $150,000, their monthly payment...