Address
4411 Old Bullard Rd.
Tyler, TX 75703
Get in touch
903-534-5396
gmosley@suddenlinkmail.com
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Chapter 13
What is Chapter 13 Bankruptcy?
Chapter 13, refers to a U.S. bankruptcy proceeding in which debtors undertake a reorganization of their finances under the supervision and approval of the courts. Individuals and married couples, even if self-employed or operating an unincorporated business, are eligible to file for Chapter 13 bankruptcy.
At the Law Office of Gordon Mosley, you will find a Texas lawyer who has been helping people reorganize their debt for more than 20 years. I provide personalized attention and can help you determine the right path to take on the road to a brighter financial future. Call 903-534-5396 to schedule a free initial consultation to discuss your situation.
Is Chapter 13 for me?
Under recent bankruptcy law changes, if an individual earns more than the gross medium income for a geographic location, he or she must file for Chapter 13 protection. In order to reach a determination, the court will review your average income from the previous six months.
If your income ends up being below the median income for your area, then it may make more sense to file for Chapter 7 bankruptcy. I will thoroughly review your situation to determine which option is the best choice for you.
What is bankruptcy?
Bankruptcy offers an individual or business a chance to start fresh by forgiving debts that simply cannot be paid while giving creditors a chance to obtain some measure of repayment based on the individual's or business's assets available for liquidation.
In theory, the ability to file for bankruptcy benefits the overall economy by allowing people and companies a second chance to gain access to credit and by providing creditors with a portion of debt repayment.
Types of bankruptcy our firm focuses on...
Let's Talk Today!
Contact the Law Office of Gordon Mosley at 903-534-5396 to schedule your first appointment or by sending us a message. I will do my best to get back to you as soon as possible.
Mr. Mosley's office is located in Tyler Texas and serves the surrounding areas.
