Category Archives: Chapter 13

Categories

Disadvantages Of Filing For Bankruptcy Without An Attorney

If you’re filing for bankruptcy, then you’re probably dealing with some financial struggles. At this point, it might seem counter-intuitive to pay for an attorney when you’re already pinching pennies. Under the laws of bankruptcy, you’re not actually required to use an attorney to file for bankruptcy. You have the ability to represent yourself in……
Read More


The 3 Types of Creditor Claims in Bankruptcy

Filing for bankruptcy is an option many people take when they need to free themselves from financial hardship and get a fresh start. It’s not for everyone, but it’s more than helpful for those who qualify. When filing for bankruptcy, it’s important to know how the courts will treat your debts. When it comes down……
Read More


How Long Will My Chapter 13 Bankruptcy Take?

Just because you have a job does not necessarily mean you are making money. As you work day in and day out to provide for yourself and your family, your paycheck just might not be making ends meet. It is an unfortunate scenario to live in but there are ways for those dealing with debt……
Read More


What Is the Means Test in Bankruptcy?

In 2005, the United States enacted the Bankruptcy Reform Act. Under the new guidelines, the courts are able to make a determination about whether or not you would be able to afford payments under a reorganization of your debt – in accordance with a Chapter 13 filing. One of the largest differences between Chapter 7……
Read More


What if I Can No Longer Make My Chapter 13 Bankruptcy Payments?

Filing for Chapter 13 bankruptcy is one option if you are struggling financially. Under Chapter 13, your debt obligations get reorganized into a supervised monthly payment plan agreed on by your creditors. This payment plan generally lasts for a period between three to five years. Once your repayment plan is over, the remaining debt will……
Read More