[et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Hero Section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_fullwidth_header title=”FILING CHAPTER 11 BANKRUPTCY IN TEXAS” subhead=”WHAT IS CHAPTER 11?” background_overlay_color=”rgba(0,0,0,0.5)” content_max_width=”550px” _builder_version=”4.18.0″ title_font=”Poppins|700||on|||||” title_text_color=”#ffffff” title_font_size=”40px” title_letter_spacing=”2px” title_line_height=”1.4em” content_font=”Poppins||||||||” content_text_color=”#edbb5f” content_font_size=”20px” content_letter_spacing=”1px” content_line_height=”2em” subhead_font=”|700||on|||||” subhead_text_color=”#edbb5f” subhead_font_size=”24px” subhead_letter_spacing=”2px” subhead_line_height=”1.4em” background_color=”rgba(255, 255, 255, 0)” background_image=”https:\/\/demarcomitchell.com\/wp-content\/uploads\/2022\/11\/inside-pages-header1-min.webp” background_position=”top_center” custom_button_one=”on” button_one_border_width=”1px” button_one_border_color=”rgba(255,255,255,0.3)” button_one_border_radius=”0px” button_one_letter_spacing=”1px” button_one_font=”Saira Extra Condensed|600||on|||||” button_one_icon=”$||divi||400″ button_one_icon_color=”#edbb5f” custom_button_two=”on” button_two_border_width=”1px” button_two_border_color=”rgba(255,255,255,0.3)” button_two_border_radius=”0px” button_two_letter_spacing=”1px” button_two_font=”Saira Extra Condensed|600||on|||||” button_two_icon=”$||divi||400″ button_two_icon_color=”#edbb5f” module_alignment=”right” custom_margin=”|||” custom_padding=”8%||8%|” hover_enabled=”0″ background_color_phone=”#6a152a” background_last_edited=”on|phone” background_enable_color_phone=”on” background_enable_image_phone=”off” button_one_text_color_hover=”#edbb5f” button_two_text_color_hover=”#edbb5f” button_one_bg_color_hover=”rgba(0,0,0,0)” button_two_bg_color_hover=”rgba(0,0,0,0)” global_colors_info=”{}” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_one_text_color__hover_enabled=”on” button_one_text_color__hover=”#edbb5f” button_two_text_color__hover_enabled=”on” button_two_text_color__hover=”#edbb5f” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_one_bg_color__hover_enabled=”on” button_one_bg_color__hover=”rgba(0,0,0,0)” button_two_bg_color__hover_enabled=”on” button_two_bg_color__hover=”rgba(0,0,0,0)” title_text=”inside-pages-header1-min” sticky_enabled=”0″][\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Introduction” _builder_version=”4.16″ min_height=”986px” custom_margin=”|||” custom_padding=”9px|0px|52px|0px||” global_colors_info=”{}”][et_pb_row use_custom_gutter=”on” gutter_width=”4″ _builder_version=”4.16″ animation_style=”fade” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
INTRODUCTION<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Chapter 11 is typically used by businesses wishing to reorganize. Nonetheless, chapter 11 is not limited business reorganization. A business looking to liquidate its assets may wish to do so under chapter 11. Similarly an individual that does not otherwise qualify for chapter 13 may wish to file for relief under chapter 11.<\/p>\n
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Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
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Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
DEBTOR IN POSSESSION<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
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Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
OFFICE OF THE UNITED STATES TRUSTEE<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
CREDITORS’ COMMITTEE<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
AUTOMATIC STAY<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
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Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
CASH COLLATERAL & ADEQUATE PROTECTION<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
DISCLOSURE STATEMENT<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
PLAN OF REORGANIZATION<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
DISCHARGE<\/p>\n
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Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
REVOCATION OF THE CONFIRMATION ORDER<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_text_color=”#333333″ text_font_size=”23px” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n
FINAL DECREE<\/p>\n
[\/et_pb_text][et_pb_divider divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”left” height=”2px” custom_margin=”||20px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” custom_margin=”-5px|||||” global_colors_info=”{}”]<\/p>\n
Businesses considering reorganization under chapter 11 presume the going concern value of the business is greater than its liquidation value (the sale of its fixed assets). On the other hand, businesses considering liquidation under chapter 11 presume the converse, and choose chapter 11 over chapter 7 so as to retain as much control over the liquidation process as possible.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Get Your Free Initial Bankruptcy Consultation Now!” button_url=”https:\/\/demarcomitchell.com\/initial_consultation_form\/” button_text=”Request a Free Bankruptcy Consultation” _builder_version=”4.16″ _module_preset=”default” button_alignment=”center” global_colors_info=”{}”][\/et_pb_cta][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ text_text_color=”#333333″ text_font_size=”23px” custom_margin=”||||false|false” global_colors_info=”{}”]<\/p>\n
TESTIMONIALS<\/strong><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_testimonial author=”Sharon Y.” quote_icon_color=”#6a152a” _builder_version=”4.16″ link_option_url=”\/testimonials\/” global_colors_info=”{}”]<\/p>\n Mr. Mitchell went above and beyond assisting me with my bankruptcy case. I highly recommend him for anyone considering bankruptcy.<\/p>\n [\/et_pb_testimonial][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_testimonial author=”Elaine D.” quote_icon_color=”#6a152a” _builder_version=”4.16″ link_option_url=”\/testimonials\/” global_colors_info=”{}”]<\/p>\n There is nothing in this world that could express our thanks to you\u2026.just know it\u2019s heartfelt!<\/p>\n [\/et_pb_testimonial][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_testimonial author=”Mike C.” quote_icon_color=”#6a152a” _builder_version=”4.16″ link_option_url=”\/testimonials\/” global_colors_info=”{}”]<\/p>\n I picked up Bob\u2019s message late Friday and I can\u2019t begin to tell you the relief it brought to me and my family. My wife and I truly appreciate all the support and representation you have shown us during this difficult time. Thank you for the call Bob, it gave us much peace and joy over the weekend. Again, thank you for your support. You both have been a tremendous blessing to our family!! I will do my best to be a better steward of our family funds in the future!!<\/p>\n [\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Problem and Solution” _builder_version=”4.16″ background_color=”#282828″ custom_padding=”42px|0px|100px|0px||” global_colors_info=”{}”][et_pb_row use_custom_gutter=”on” gutter_width=”4″ _builder_version=”4.16″ custom_padding=”||12px|||” animation_style=”fade” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Playfair Display|700|||||||” header_2_font_size=”38px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Poppins|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”14px” header_3_letter_spacing=”1px” header_3_line_height=”2em” text_orientation=”center” background_layout=”dark” max_width=”700px” module_alignment=”center” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_divider color=”#edbb5f” divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”center” height=”2px” global_colors_info=”{}”][\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ custom_margin=”2%|||” custom_padding=”6px|||||” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_3_font=”|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”28px” header_3_letter_spacing=”1px” header_3_line_height=”1.4em” background_layout=”dark” max_width=”550px” global_colors_info=”{}”]<\/p>\n The purpose of chapter 7 is to provide the honest individual debtor with a \u201cfresh start\u201d by discharging most, if not all, of the debtor\u2019s debts. A chapter 7 discharge is available only to individuals and not to partnerships or corporations.<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”Poppins||||||||” text_font_size=”16px” text_letter_spacing=”1px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_3_font=”|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”28px” header_3_letter_spacing=”1px” header_3_line_height=”1.4em” background_layout=”dark” max_width=”550px” global_colors_info=”{}”]<\/p>\n Chapter 13 is only available to individuals with regular income from any source, not just wages.\u00a0 The purpose of chapter 13 is to help individual debtors reorganize their finances by making payments to creditors through a Chapter 13 plan.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Contact” _builder_version=”4.18.0″ background_image=”https:\/\/demarcomitchell.com\/wp-content\/uploads\/2022\/11\/map_of_dallas_13-scaled-min.webp” custom_margin=”||||false|false” custom_padding=”3vw|2vw|3vw|2vw|true|true” global_module=”6315″ saved_tabs=”all” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ custom_padding_last_edited=”on|tablet” _builder_version=”4.16″ background_color=”#ffffff” custom_margin=”-6vw||||false|false” custom_padding=”|3vw||3vw|false|true” custom_padding_tablet=”” custom_padding_phone=”|10px||10px|false|true” animation_style=”slide” animation_direction=”bottom” animation_duration=”1500ms” animation_delay=”200ms” animation_intensity_slide=”10%” animation_starting_opacity=”100%” box_shadow_style=”preset3″ box_shadow_vertical=”15px” box_shadow_blur=”80px” box_shadow_color=”rgba(0,0,0,0.2)” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”Playfair Display|700||on|||||” text_text_color=”#333333″ text_font_size=”38px” header_font=”||||||||” header_2_font=”Playfair Display|700|||||||” header_2_font_size=”38px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Poppins|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”14px” header_3_letter_spacing=”1px” header_3_line_height=”2em” text_orientation=”center” max_width=”550px” module_alignment=”center” locked=”off” global_colors_info=”{}”]<\/p>\n Get In Touch<\/p>\n [\/et_pb_text][et_pb_contact_form use_spam_service=”on” recaptcha_list=”DM|DM-0″ email=”robert@demarcomitchell.com” use_redirect=”on” redirect_url=”\/dallas-bankruptcy-attorneys\/” submit_button_text=”send” disabled_on=”on|on|on” module_id=”et_pb_contact_form_0″ _builder_version=”4.18.0″ _unique_id=”c7f8c254-f568-4aab-8569-659ef4bf25de” form_field_background_color=”#ffffff” 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button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Message” field_title=”Message” field_type=”text” fullwidth_field=”on” _builder_version=”4.16″ form_field_background_color=”rgba(12,12,12,0.02)” form_field_font=”||||||||” custom_margin=”40px||20px|” border_width_all=”1px” field_background_color=”rgba(12,12,12,0.02)” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][\/et_pb_contact_form][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n <\/p> Details<\/h3>\n
Dig a Little Deeper…<\/h2>\n
chapter 7<\/h3>\n
chapter 13<\/h3>\n
<\/ul><\/div>\n