Chapter 7 and Chapter 13 bankruptcy are common individual bankruptcies you can file to get some relief if you’re struggling to repay debt. Chapter 7 helps you discharge certain debts, while Chapter 13 ...
When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ...
Filing for bankruptcy is a major financial decision, and understanding the different options is essential for making the right choice. Chapter 13 bankruptcy, known as a “wage earner’s plan,” is a ...
If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...
Could your debt be reduced or forgiven? Take our financial relief quiz. The decision to file bankruptcy is a heady one, but then there is the question of which type of bankruptcy to file. You have ...
8 or 6 Years Before Your Chapter 13 Bankruptcy You are eligible for a Chapter 7 discharge after 8 years have passed from the date you filed a prior Chapter 7 case and received a discharge; or after 6 ...
The two main bankruptcy options available to people overrun by consumer debt are Chapter 7 or Chapter 13. The options differ greatly in how they work and the relief they provide. Below are the basic ...
Judge Caryl Delano found that where a Chapter 13 plan proposes to pay a secured creditor directly outside the plan, this "leaves unaffected" the rights of that creditor under 11 U.S.C. § 1322 (b) (2).
On Dec. 6, 2018, the U.S. Court of Appeals for the Eleventh Circuit held that a Chapter 13 plan stating that a secured debt will be paid directly to the creditor does not constitute the debt being ...
Filing for bankruptcy should be a last resort, but it can give you a fresh start. There are different kinds of bankruptcy you can file; the one you choose depends on what you’re eligible for and how ...
See if you qualify to lower your monthly payments, reduce multiple payments into 1 and become debt free in 24-48 months. Filing for bankruptcy should be a last resort, but it can give you a fresh ...