A Chapter 13 bankruptcy actually starts to work when the debtor files a petition. The petition includes schedules, a statement of financial affairs and a counseling certificate by an accredited bankruptcy counseling organization. The debtor must … [Read more...]
The Chapter 13 Bankruptcy
A Chapter 13 bankruptcy is a reorganization of an individual’s or of a husband and wife’s debts. Many Chapter 13 bankruptcies are filed by individuals who are behind on the their mortgage payments or car loans. This can help them modify their … [Read more...]
Filing for Loss Mitigation and Bankruptcy at the Same Time
Homeowners often file for a Chapter 13 bankruptcy to prevent the pending sale of their homes. It is often recommended in addition to filing a Chapter 13 bankruptcy that the homeowner also file a loss mitigation proceeding. The Eastern District … [Read more...]
The Chapter 13 Bankruptcy
A Chapter 13 bankruptcy is usually filed by homeowners to stop the sale of their home. A Chapter 13 bankruptcy consolidates all of your debts into one payment to a Chapter 13 bankruptcy trustee. When you file the Chapter 13 bankruptcy you receive an … [Read more...]
