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Chapter 13

A Track Record of Success Since 1980

Chapter 13 Lawyer in Lufkin

Get a Board Certified Bankruptcy Attorney on Your Side

If your debt is ruining your life, Chapter 13 bankruptcy could help you get your finances under control. Under this type of bankruptcy, you may be able to retain your property while repaying your debts over the course of three to five years.

At the Law Offices of W. David Stephens, we have over four decades of experience successfully helping thousands of clients through Chapter 13 bankruptcy in Lufkin. While many law firms refuse to handle Chapter 13 cases, Mr. Stephens is always ready and willing to meet the challenge head-on.


To schedule your free consultation with our experienced chapter 13 bankruptcy lawyer, dial (936) 298-5388 now or contact us online.


What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is also referred to as a wage earner’s plan. The process enables individuals who have a regular income to develop a plan to repay all part or all of their debts. The amount to be paid by the debtor is determined by several factors including his or her disposable income as determined by the Texas Means Test.

Is Chapter 13 Worth It?

Chapter 13 offers a good alternative for people who are ineligible to file for Chapter 7 bankruptcy, or who want to avoid the liquidation of their assets. One of the most significant advantages of filing for Chapter 13 bankruptcy is that a debtor is not required to sell his or her assets to pay off debt.

Additional benefits of filing for Chapter 13 include:

  • Reducing debts so you only have to pay a fraction of the debt
  • Consolidating debts so you have one monthly payment
  • Preventing home foreclosure
  • Making up missed car or mortgage payments to avoid repossession
  • Paying back your taxes
  • Stopping late fees from accruing on your debts

Although debtors are required to pay back some of their debt under Chapter 13, if they can keep to the terms of the repayment agreement, all remaining dischargeable debts can be released at the end of the plan.

The Benefits of Chapter 13 Bankruptcy

While bankruptcy is often seen as a last resort, filing for Chapter 13 can actually provide a number of benefits for individuals and families struggling with debt.

Here are just a few reasons why Chapter 13 may be worth considering:

  • Stop foreclosure: If you are behind on your mortgage payments, Chapter 13 can help you catch up and save your home from foreclosure.
  • Reorganize debt: Chapter 13 allows you to reorganize your debt into a manageable payment plan, giving you time to catch up on missed payments and avoid further late fees and penalties.
  • Protect your assets: Unlike Chapter 7 bankruptcy, which may require you to liquidate certain assets to pay off debt, Chapter 13 allows you to keep your property and assets while still addressing your debt.
  • Stop creditor harassment: Filing for Chapter 13 can put an end to harassing phone calls and letters from creditors, giving you some much-needed peace of mind.

If you're considering Chapter 13 bankruptcy, it's important to work with an experienced attorney who can guide you through the process and help you make informed decisions about your financial future. Contact the Law Offices of W. David Stephens today to schedule a consultation and take the first step towards a debt-free life.

Get Qualified Counsel for Chapter 13 Bankruptcy

To find out if you are eligible for bankruptcy Chapter 13, reach out to the Law Offices of W. David Stephens. Not only can we help you determine if you qualify, but we can also give you sound legal advice concerning the legal option that fits your situation.

When you turn to our firm, our bankruptcy lawyer in Lufkin can personally handle your case from start to finish. We proudly serve clients residing throughout all of East Texas.


To learn more about how Chapter 13 can help you become debt-free, call (936) 298-5388 to speak with a Lufkin Chapter 13 lawyer.


Commonly Asked Questions

What is the difference between Chapter 13 and Chapter 7 bankruptcy?

Chapter 13 bankruptcy is also referred to as a wage earner’s plan. The process enables individuals who have a regular income to develop a plan to repay all or part of their debts. Chapter 7 bankruptcy, on the other hand, allows for the discharge of most unsecured debts without the need for repayment.

How long does Chapter 13 bankruptcy last?

The repayment period for Chapter 13 bankruptcy typically lasts between three to five years.

Can I keep my assets if I file for Chapter 13 bankruptcy?

Yes, one of the most significant advantages of filing for Chapter 13 bankruptcy is that a debtor is not required to sell his or her assets to pay off debt.

What debts can be discharged under Chapter 13 bankruptcy?

If a debtor can keep to the terms of the repayment agreement, all remaining dischargeable debts can be released at the end of the plan. This may include credit card debt, medical bills, and other unsecured debts.

How can I find out if I am eligible for Chapter 13 bankruptcy?

To find out if you are eligible for bankruptcy Chapter 13, reach out to a bankruptcy lawyer in Lufkin. They can help you determine if you qualify and provide you with sound legal advice concerning the legal option that fits your situation.

  • "110% recommend Mr. Stephens if you need to file for bankruptcy. He helped me through a very stressful time in my life. His experience in bankruptcy is second to none in East Texas."
    Dirk P.
  • "Mr. Stephens, your dedication to your profession & service to the community is a blessing. Thanks for all you do and did for me and others."
    Cynthea S.
  • "I just wanted to let you all know how much we do appreciate all you have done for us. You have been very kind and considerate to us through all our trials."
    Sharron W.
  • W. David  Stephens Photo
    W. David Stephens

    "In the mid-1990s, I became so overwhelmed with the volume of new bankruptcy clients that I had to give up my trial practice to concentrate full-time as a bankruptcy lawyer. I have exclusively concentrated on consumer and business bankruptcy cases since that time.
    I was awarded a Board Certification in Consumer Bankruptcy Law by the Texas Board of Legal Specialization in 2001, and I have been so certified ever since."

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