What If I Lose My Job After I File for Chapter 13 Bankruptcy?
When you enter into a bankruptcy filing under chapter 13 of the bankruptcy code, you must successfully complete a three to five year repayment plan th...
How Does Social Security Affect Disposable Income in Chapter 13 Bankruptcy?
In most courts, if you have a significant amount of Social Security income, the court will take this into account when approving your Chapter 13 p...
Bankruptcy for Homeowners: Credit Impact vs. Discharge of Mortgage Debt
While bankruptcy can have a detrimental effect on your credit, some homeowners can benefit greatly by "stripping" and discharging debt from second (ev...
When You Can't Make Your Chapter 13 Payments
If you don’t make your payments to the Chapter 13 trustee on time, the court could dismiss your bankruptcy case. So what should you do if you cannot...
The Bankruptcy Process: Chapter 13
After you file the forms to start a Chapter 13 bankruptcy case, you will have to attend court hearings, get your repayment plan approved, and meet som...
The 910 Day Rule in Bankruptcy
If you have been financing your car for over 910 days (two and a half years) you may be able to reduce the principle owed to the fair market value in ...
Secured vs Unsecured Debt in Chapter 13 Bankruptcy
When you file for Chapter 13 bankruptcy, you must propose a repayment plan. Your repayment plan, which will last for three to five years, depending on...
Debt Payments with Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a good option for debtors that have reliable and regular income for at least six months prior to filing for bankruptcy. I...
Steps to Appeal Chapter 13 Dismissal For Non-Payment
As the cost of living increases throughout the nation, many Americans are struggling to keep their homes from foreclosure. Filing a Chapter 13 bankr...
Refiling If Your Chapter 13 Case Was Dismissed For Non-Payment
If you fail to make your Chapter 13 plan payments, eventually your bankruptcy case will be dismissed. You can refile another Chapter 13 petition, but ...
When is Chapter 13 Better than Chapter 7 for Personal Bankruptcy?
Most people who have a choice between Chapter 7 or Chapter 13 bankruptcy choose Chapter 7. A Chapter 7 case is over in four to six months. You don't h...
How to Calculate a Chapter 13 Monthly Payment
If you file for Chapter 13 bankruptcy, you'll have to propose a repayment plan. Through the repayment plan, which lasts either three or five years, yo...
Are Unsecured, Nonpriority Debts (Schedule F Claims) Discharged in Chapter 7 Bankruptcy?
On one of those forms, called Schedule F, you must list all of your creditors that hold unsecured, nonpriority claims. These are debts that are not se...
Chapter 13 Bankruptcy Laws: Your Disposable Income
In Chapter 13 bankruptcy, you must devote all of your disposable income to your Chapter 13 repayment plan.
Using Chapter 13 Bankruptcy to Avoid Foreclosure
Chapter 13 bankruptcy provides several opportunities for homeowners facing foreclosure to save their homes.
Chapter 13 Bankruptcy Law: Debts Discharged
Chapter 13 bankruptcy law allows a debtor to discharge most of his her debts. Of course, since Chapter 13 is “individual debt adjustment” bankru...
The Chapter 13 Bankruptcy Repayment Plan
You must be able to devise a repayment plan that you can afford for the repayment period (three to five years), and the court must approve the plan.
Post-Petition Debts & Claims in Chapter 13 Bankruptcy
On the day you file bankruptcy you provide the bankruptcy court with a snapshot of your finances. Debts that you owe on the day your bankruptcy ...
Refinancing while in Chapter 13 Bankruptcy
Can you consider refinancing while in Chapter 13 bankruptcy? There are different forces at play here with regard to the answer to this question.
What Is The Cost Of a Chapter 13 Bankruptcy?
If you are faced with the prospect of bankruptcy, you may be surprised to know that even bankruptcy itself has a cost associated with it. It seems...
How to Strip a Second Mortgage or HELOC in Chapter 13
One plus to filing for Chapter 13 bankruptcy is that you may be able to get rid of second or third mortgages on your home or get rid of home equity lo...
Chapter 13 for Those Who Cannot Pass the Means Test
If you are struggling to pay back your debts and feel like you have no option but to declare bankruptcy, you may be concerned about the bankruptcy m...
Chapter 13 Rules: No Means Test Required
When Congress overhauled the bankruptcy laws in 2005, there was a lot of hubbub over the "means test." The good news is that if you plan to file for C...
Avoiding Foreclosure in California: Turning to Chapter 13
Homeowners facing foreclosure in Californian can use Chapter 13 Bankruptcy to stop the foreclosure process, pay delinquent mortgage payments over time...
How a Cram Down Works in Chapter 13 Bankruptcy
You can use a cramdown in Chapter 13 bankruptcy to legally reduce the balance you owe on a secured loan to the actual value of the collateral. A cramd...
How Reorganization Bankruptcy Works
What is the process for bankruptcy reorganization, also called a Chapter 13 bankruptcy?
What is Involved in a Chapter 13 Bankruptcy?
A Chapter 13 Bankruptcy allows a debtor to retain his or her property while paying off a portion or all of his debts over a three-to-five year peri...
Using Bankruptcy as a Defense to Foreclosure
Filing bankruptcy is probably the strongest defense a homeowner has to foreclosure. Moreover, for many homeowners bankruptcy is simply a better ch...
Reorganization of Debt Under Chapter 13
If you are having financial problems and facing a foreclosure, a reorganization of debt under Chapter 13 bankruptcy just might be the solution that ...
Chapter 13 Bankruptcy: A Homeowners Bankruptcy
Financially distressed homeowners should not overlook a powerful tool for saving their homes from foreclosure: Chapter 13 bankruptcy.
What Happens in Chapter 13 Bankruptcy?
One of the most common questions a bankruptcy attorney hears is “What is Chapter 13 bankruptcy?” The short answer is that a Chapter 13 bankrup...
Chapter 13 for Mortgage Holders
One of the worst things that could ever happen is losing your home to a foreclosure, so if you are a homeowner facing financial trouble, you need to...
Chapter 13 Bankruptcy: A Powerful Legal Tool
When you hear chapter 13 bankruptcy, a powerful legal tool may not be the first thought that comes to mind.
When is Chapter 13 Preferable to Chapter 7?
A Chapter 13 bankruptcy, also known as a wage earner plan, is preferable for anyone who has assets they wish to retain which are the collateral for ...
Eliminate a 2nd Mortgage and HELOC in Chapter 13 Bankruptcy
A Chapter 13 bankruptcy gives homeowners another option in their fight to stay in their homes and avoid foreclosure. This new option, known as lien ...
Chapter 13 Bankruptcy: An Overview
In Chapter 13 bankruptcy you pay some or all of your debts over an extended period of time (usually three to five years) through a court approved repa...
