On completion of all the payments prescribed under the
Chapter 13 plan a debtor is entitled to be discharged. However, there are
certain debts that ...
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Chapter 13 bankruptcy offers a debtor adjustment of debts if
the petitioner has a regular income. The
petitioner has the opportunity to keep his/h...
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For
reasons of circumstance or incompetence, bankruptcy is sometimes the only
option. However, before considering
filing for bankruptcy one mus...
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Chapter
13 bankruptcy is sometimes referred to as ‘wage earners’ bankruptcy. This is
because it gives individuals the ability to rebuild their e...
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To many, the thought of
filing for bankruptcy probably conjures up images of losing their homes, cars,
assets and personal belongings. While Chapter...
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Chapter 13 is sometimes called a “wage-earner’s plan” in
that it allows a person who has a steady income to reorganize debts over a
fixed peri...
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Personal bankruptcy is the determination that an individual
is insolvent and is unable to pay their creditors. Personal bankruptcy is classified by...
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Filing Bankruptcy under Chapter 13 has numerous benefits,
perhaps the most obvious of which is that you do not have to forfeit any of
your property....
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Understanding bankruptcy repayment plans first requires an
understanding of Chapter 7 and Chapter 13 bankruptcy filings. Chapter 7 bankruptcy is a l...
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It is a sign of the times that almost on a daily basis we are hearing reports that the number of foreclosed homes is increasing as more...
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There are three main types of bankruptcy cases. These are referred to by their chapter number in the Bankruptcy Code. Chapter 7: This type of bankrupt...
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