Income and Money in Chapter 13 Bankruptcy
Income and Money in Chapter 13 Bankruptcy
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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.
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How Is Income From Child Support Treated in Chapter 7 Bankruptcy?
If you file for Chapter 7 bankruptcy and receive child support, you may be concerned about losing ongoing child support payments, payments you received before you filed for Chapter 7 bankruptcy, or child support arrears.
Common Types of Property in Chapter 13
Common Types of Property in Chapter 13
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What Happens if I File a Lawsuit in the Middle of My Chapter 13 Case?
If you file a lawsuit during your Chapter 13 bankruptcy case, you must disclose this fact to the court and the bankruptcy trustee and must amend your bankruptcy schedules if it's not already listed. Also, the lawsuit might mean that you have to pay more into your Chapter 13 plan. Read on to learn more
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Chapter 13 Bankruptcy: What If I Have a Lot of Equity in My Home?
If you have a lot of equity in your home, filing for Chapter 13 bankruptcy can allow you to keep your home and reorganize your debts. But if you can’t exempt all of your home equity, you should expect to pay more into your repayment plan. Read on to learn more about how the equity in your home can affect your Chapter 13 payment.
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How Is Joint Property Treated in Bankruptcy?
If you are married and considering bankruptcy, you should consider how your bankruptcy filing will affect your spouse and the property you own together. The answers depend on what type of case you file, whether you file alone or with your spouse, how you own your property, and the laws of your state about marital property.
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Will a Chapter 13 Bankruptcy Fix My Credit Score?
The decision to file for chapter 13 to fix credit can be a difficult one for people who want to do more than pay down their debts. However, the decision shouldn’t be a hard one because chapter 13 can fix credit. Once people have good credit, they can obtain better interest rates and loans. Credit Scores
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Your Car in Chapter 13 Bankruptcy
You won’t lose your car in Chapter 13 bankruptcy. Filers making vehicle payments can reduce the loan interest and pay off the car loan through a repayment plan. Filers can even catch up on late payments and, in some cases, pay less by reducing the principal balance to the vehicle’s value using a “cramdown” procedure.