Chapter 13 bankruptcy is designed to serve as a flexible vehicle for the repayment of part or all of the allowed claims of the San Diego debtor. In an effort to preserve this flexibility Chapter 13 bankruptcy established only a minimum number of mandatory plan provisions. Yet the Bankruptcy Co...
Six years after a Chapter 13 bankruptcy filing If you find yourself facing an even more serious financial problem during these waiting periods (such as unemployment, an eviction, foreclosure, or car repossession), you won’t be able to file again. ...
Also known aswage earner bankruptcy, Chapter 13 requires you to have a substantial income. This type involves a repayment plan and can last anywhere from three to five years. You will repay only a fraction of what you owe, and that amount is determined by a number of factors, including yo...
If overwhelming debts are weighing you down, turn to How to File for Chapter 7 Bankruptcy. Acclaimed by experts nationwide, the latest edition reflects recent (many say drastic) changes to bankruptcy law. Use it to find the clear information, advice and forms you need to get through the enti...
Bankruptcy can help individuals and businesses get major debt relief. Here's what to know about the types of bankruptcy and some alternatives you can consider.
You may be considering filing Chapter 13 bankruptcy due to hardship. Bankruptcy is a legal debt relief option that allows you relief from your creditors.
Contact a qualified bankruptcy attorney. When you’re ready to proceed, your attorney will help you complete paperwork disclosing your assets and debts as well as your income. A means test will determine whether you can file for Chapter 7 bankruptcy (a discharge of debts) or Chapter 13 bankrup...
Filing bankruptcy for low income families can seem like a scary task, as there are filing fees and lawyer costs to take into account. In addition, you'll need to make monthly debt payments if you file a Chapter 13 bankruptcy. To reduce costs, you can req
ByScott RiddlePosted inBankruptcy Basics,Chapter 13,Chapter 7 Virtually all of us know that we have the right to “take the 5th,” keep our mouths shut, and not speak to the police and lawyers when we might say something that could incriminate us. TheFifth Amendment of the U.S. Constitu...
Chapter 13 is a type of bankruptcy proceeding in which debtors agree to areorganizationof their financial obligations under the supervision of a court. Individuals and married couples, even if self-employed or operating an unincorporated business, are eligible to file for Chapter 13 bankruptcy.1Here...