Chapter 13 Bankruptcy in San Antonio

Helping You Receive the Debt Relief You Need

Chapter 13 bankruptcy offers individuals a solution to their mounting debt. The main benefit of Chapter 13 bankruptcy is that it allows debtors to keep their property while developing a payment plan to help them repay creditors. If you are facing a mountain of debt with your mortgage, taxes, car loan, or credit card balance, allow our legal team at Villa & White to help you. Our attorneys in San Antonio are able to provide you with the comprehensive legal representation you need.

How Does Chapter 13 Bankruptcy Work?

As a repayment plan, Chapter 13 bankruptcy requires debtors to repay their debts within a three to five-year plan. It is important to note that debtors do not have to repay all of their debts under Chapter 13. Under this arrangement, you are even able to get debt relief from past due payments, such as mortgage and alimony payments.

In order to qualify for Chapter 13 bankruptcy in San Antonio, you must meet the following requirements:

• You must prove that you will be able to make the required payments
• Your debt must fall under the current maximum allowed
• Your tax filings must be up to date
• If you are a business, then certain conditions must be met

Is Chapter 13 Bankruptcy Right for Me?

Chapter 13 bankruptcy offers many benefits that other types of debt relief do not, such as the ability to keep your home when you are behind on mortgage payments. Additionally, you may not qualify for Chapter 7 bankruptcy, which is often sought after by consumers. Whatever your situation may be, we recommend that you talk to one of our experienced attorneys when deciding if Chapter 13 is right for you.