How Long Does It Take to File Bankruptcy Chapter 13: A Comprehensive Guide
If you’ve wondered about filing for Chapter 13 bankruptcy, you may be asking how long it might take to file and complete? Well, you’re not alone. I can share from my experience that even presumably simple, typical chapter 13 bankruptcy cases are not easy. It’s like preparing for a marathon, and requires understanding, planning, and […]
KEEP READING . . .Bankruptcy Lien Stripping: A Comprehensive Guide for Debtors
These days, many people find themselves in a chapter 13 bankruptcy to try and stop foreclosure proceedings, especially with respect to the debtor’s principal residence. This may be simple when you have one mortgage holder to deal with, but what happens when you have multiples mortgages or equity lines? Fortunately, the bankruptcy code offers some […]
KEEP READING . . .What Can I Do If My Chapter 13 Payments Are Too High?
Filing bankruptcy under Chapter 13 is not easy. Since the premise of a chapter 13 case is based on repaying some portion of your debt over a three or five-year plan (aka a long time), lots of things can happen in that time to make it challenging to continue making your plan payments. An ex-spouse […]
KEEP READING . . .Discovering the Differences Between Chapter 7 v Chapter 13 Bankruptcy
Bankruptcy is a legal remedy designed to provide debt relief to individuals or businesses who are unable to repay their outstanding debts. The goal of both Chapter 7 and Chapter 13 bankruptcy is to give the debtor a financial fresh start. How each chapter gets the debtor there, however, is different. It’s important to what’s […]
KEEP READING . . .What are the different types of bankruptcies?
Bankruptcy appears in the news quite a bit, especially in today’s COVID-19 climate. Particularly chain businesses have closed down and filed for bankruptcy. That kind of bankruptcy, however, is usually different from the kind of personal bankruptcy case that most people will file. So, what are the different types of bankruptcies?
KEEP READING . . .How Chapter 13 Bankruptcy Works in Queens
Bankruptcy cases fall under the Bankruptcy Code, 11 U. S. C. Section 101, et seq. This is federal law. Notwithstanding, state and local laws intertwine with each and every bankruptcy case. Additionally, there are several differences between chapter 7 bankruptcy versus chapter 13 bankruptcy. In this article, we will take a look at how chapter […]
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