Chapter 13 Bankruptcy

A Powerful, But Often Overlooked, Debt Relief Solution

Chapter 7 bankruptcy is not always the best solution for indebted consumer and small-business clients. While Chapter 7 is a powerful tool in certain situations, there are many circumstances in which a Chapter 13 is a better fit. Known as "reorganization bankruptcy," Chapter 13 enables filers to eliminate certain debts outright, while continuing to pay on other debts as part of a three- to -five-year reorganization plan.

Is Chapter 13 Right For Me?

Chapter 13 is usually a good choice for people who:

  • Are in danger of losing a home due to mortgage delinquency and need time to make up payments
  • Cannot keep up with their debt payments, but could catch up if given enough time
  • Have been unable to renegotiate loans or reach debt settlements with creditors even though they have sufficient income to make meaningful payments
  • Own property that they cannot afford to lose to bankruptcy liquidation
  • Have delinquent taxes issues

At Dallas-based Olson Nicoud & Gueck, LLP, we assist working homeowners, small-business owners, and others to eliminate debts and retain their most precious possessions as part of a Chapter 13 bankruptcy process. For nearly 20 years, we have assisted clients in the DFW Metroplex and throughout North Texas. We can meet with you, discuss your financial circumstances and goals, and help you craft a Chapter 13 reorganization plan that can stop calls from creditors, keep you in your home or business, and enable you to get a fresh start on your finances.

Chapter 13 Attorneys for the DFW Metroplex And Beyond

Chapter 13 bankruptcy is a complex, but beneficial part of federal law. It is also guaranteed by the U.S. Constitution. Olson Nicoud & Gueck, LLP, has helped many indebted Texans to shed their debt burdens through Chapter 13 and return to financial security.

Our experienced Dallas Chapter 13 bankruptcy attorneys can explain all of your options and guide you toward pursuing the course that works best for you. For more information, or to schedule a consultation with a lawyer, contact us online or call 214-979-7300 or 800-708-7716.

We have over two decades of experience as a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.