08 June 2008 | No Comments
Categories: Bankruptcy
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… ---> Continue Reading

07 June 2008 | No Comments
Categories: Bankruptcy
Exempt property is property removed from the estate and is not available to pay creditors. The statutory list of exemptions that are available will guide you in selecting the property you want to have… ---> Continue Reading

06 June 2008 | No Comments
Categories: Bankruptcy
In 2004 more than 1.6 million people filed bankruptcy in the United States. This was a 600% rise from 1978 when bankruptcy laws became less stringent. Because of the rise in bankruptcy some… ---> Continue Reading

05 June 2008 | No Comments
Categories: Bankruptcy
Discharging A Bankruptcy
The discharge procedure is complex. This is a part of the Chapter 13 procedure that acquiring competent legal counsel that is up-to-date on the recent major changes is imperative. Due to… ---> Continue Reading

04 June 2008 | 1 Comment
Categories: Bankruptcy
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is designed for individuals with an income to be able to develop a plan to repay all or part of their debts. The law forbids creditors from all collection activity… ---> Continue Reading

03 June 2008 | No Comments
Categories: Bankruptcy, Foreclosure
Does declaring bankruptcy when you fall delinquent with mortgage payments help iron out the situation? The answer is, it depends, but it could do!
There are two types of bankruptcy routes that can be explored.
Chapter 13… ---> Continue Reading

12 May 2008 | No Comments
Categories: Bankruptcy
Going bankrupt is an option if your debt burden has reached crisis proportion and your stress levels are too high. There is no disgrace in bankruptcy. It simply rescues you from an impossible situation, but… ---> Continue Reading

04 May 2008 | No Comments
Categories: Bankruptcy
Bankruptcy is a legal process that provides debt relief to consumers and companies who can not pay their debt. Bankruptcy Code was enacted by Congress in 1978 and has been amended several times since then… ---> Continue Reading

04 May 2008 | No Comments
Categories: Bankruptcy
Chapter 7 bankruptcy is sometimes called straight bankruptcy or liquidation. Individuals are allowed to keep certain property classified as exempt. Usually this includes your home, an automobile for work purposes, personal belongings such as clothes… ---> Continue Reading

04 May 2008 | No Comments
Categories: Bankruptcy
Chapter 13 is sometimes referred to as the “Wage Earner” plan. Individuals with regular income propose a plan to repay part or all of their debts over a three to five year period. Approval is… ---> Continue Reading

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