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Recent Questions and Answers
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Recent Chapter 13 Plan News:
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Rochester-area bankruptcy filings in the first quarter totaled 642 ... debts in Chapter 7 liquidations and 181 petitioners sought discharges through Chapter 13 plans to partially or fully repay creditors. Two filers petitioned for court protection under ...
Choosing Between Chapters You don’t actually choose what chapter to file bankruptcy under. Most people will be placed under Chapter 7 or Chapter 13. Chapter 7 is a “pure” bankruptcy that has become harder to get since 2005. In a Chapter 7 bankruptcy ...
My wife and I are considering filing a Chapter 13 bankruptcy. We have two children in private school. Would we still be allowed to continue sending them to private school if we file bankruptcy? We have an additional complication regarding education costs.
If the car value is $5,000 but the lender owes $7500 than under chapter 13 bankruptcy rules, a debtor has to pay only $5,000 to his lender. As chapter 13 bankruptcy plans is for a period of three to five years thus the monthly payment can be spread over ...
Don’t lose your home to bankruptcy. There are solutions and one possible way to keep your home and restructure debt is to file for chapter 13. Under foreclosure law the lender must first send you a notice of sale by certified mail at least 21 days before ...
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