« Who Is Eligible For Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy 101

admin, 08 June 2008,
Categories: Bankruptcy
Tags: Bankruptcy, chapter 13

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Welcome to the Chapter 13 Bankruptcy 101 guide.

This guide will give you non-legal information regarding Chapter 13 bankruptcy. The purpose of this information is to help you understand what a Chapter 13 bankruptcy is and the process that you are required to go through in acquiring a Chapter 13 bankruptcy. You will be given accurate information to base your personal decisions on. This is in no means a substitute for sound legal advice but information that explains the process and its own “language.”

Chapter 13 Bankruptcy Overview

You can get general Chapter 13 bankruptcy information in the overview. This will give you the basics regarding a Chapter 13. There is information on eligibility, the payment plan and the trustee.

Who Is Eligible For Chapter 13 Bankruptcy?

This informative article outlines the major components of Chapter 13 bankruptcy eligibility. There is information on secured debt and unsecured debts, credit counseling, regular income and ineligibility.

Chapter 13 Terms and Definitions

Here you will find the meanings to this “language” of bankruptcy. A correct understanding of terms will help you to make decisions in your own best interest.

Chapter 13 Exemptions

This article gives you information regarding your property with tips on how to retain your property during a Chapter 13 bankruptcy. The exempt property guidelines are explored along with non exempt property status. Exemption planning is also reviewed.

Chapter 13 Statute Changes

In 2005 there was a law passed that greatly altered Chapter 13 bankruptcy regulations. Credit counseling became a requirement while eligibility criteria was altered. Automatic stay protections were decreased and the stripping down time was increased. New priority for repayments was also established.

Chapter 13 Bankruptcy - Trustee’s Role

Here you will discover the paperwork that is required by a trustee along with the proposed plan and how a trustee affects it. The trustee’s role in the distribution of funds and in the 341 meeting is explained.

Discharging a Chapter 13 Bankruptcy

Release of debts and non dischargeable debts are explored. A hardship discharge is made understandable in this article.