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What Happens to Investment Real Estate in Bankruptcy?
If you own property that you don't use as a residence, you might lose it if you file for Chapter 7 bankruptcy.
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How Will Chapter 13 Bankruptcy Affect My Rental Property?
When you file for Chapter 13 bankruptcy, you don't lose any of your property. Instead, you enter into a three- to five-year repayment plan to repay some or all of your debts. Once you've made all your monthly payments and completed your plan, your remaining dischargeable debts are wiped out.
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How a Cram Down Works in a Chapter 13 Bankruptcy Case
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 cramdown is possible if the amount you still owe on the loan secured by the property is more than the value of the property.
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Will I Lose My Rental Property If I File for Bankruptcy?
Do you own rental property? If you own a house, an apartment, commercial space, or a multi-unit building that you rent out to tenants, then you should consider how it will be affected if you file for bankruptcy.
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The New Bankruptcy: Will It Work for You?
Is bankruptcy the right solution for your overwhelming debts? Pick the best strategies for your situation with the information and practical suggestions in this book by best-selling author Stephen Elias.
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How to File for Chapter 7 Bankruptcy
The reliable, up-to-date information in this best-selling book will help you successfully complete your bankruptcy claim without breaking the bank.
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Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time
This comprehensive guide explains the Chapter 13 process, from start to finish.
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Bankruptcy for Small Business Owners: How to File for Chapter 7
With this book, you can assess the financial condition of your business, determine whether you should declare bankruptcy, and complete the bankruptcy paperwork.