Category: Chapter 13

When considering bankruptcy, the average person thinks about chapter 7. By the time they think about filing for bankruptcy, they are generally having considerable trouble paying their bills on time. What many people don’t know is that an alternative to filing chapter 7 bankruptcy is available: Chapter 13 bankruptcy.

Considering filing for bankruptcy? The procedure is a multi-step process that the bankruptcy court requires before a discharge from bankruptcy can occur. Although there are several types of bankruptcy, to keep it simple, we will only cover chapter 7 and chapter 13 here. The requirements for chapter 7 are a little easier...

When you file for bankruptcy, the court-appointed trustee who represents the creditors is going to be looking at not only your assets but your tax return as well. The trustee’s job is to help creditors resolve bankruptcy disputes with debtors and their lawyers by reviewing the debtor’s financial records in order to pay...

Is your debt larger than you can handle? Are creditors sending you notices? Are you worried you might lose your home? Well you have options, and filing for bankruptcy is one of them. Yes, the word bankruptcy conjures up images of people who...