Category Archives: Chapter 13

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What Gets Discharged in Chapter 13 Bankruptcy?

In a Chapter 13 bankruptcy, your debt will be broken down into: Secured debts Priority unsecured debts, and Non-priority unsecured debts For secured debts, which are guaranteed by collateral, if the collateral secures your obligation, you will have to pay or surrender it. This is usually property like a car or house. Priority unsecured debts……
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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……
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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……
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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……
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A Guide to the Different Chapters of Bankruptcy

If you’re on the verge, or even just considering the concept of filing for bankruptcy, understanding your options is an important step. People commonly hear about Chapter 7 or Chapter 11, but may not know the difference. The truth is the Bankruptcy Code allows for five different types of bankruptcy and understanding the difference between……
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