chapter 13 bankruptcy
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Latest blogosphere posts tagged “chapter 13 bankruptcy”
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Iowa Bankruptcy Lawyer Makes Clear that Bankruptcy Trustees Check all Financial Information for Fraud
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Des Moines, IA ( Law Firm Newswire ) May 25, 2012 – Declaring bankruptcy means all existing bank accounts and other financial information provided is checked carefully for the possible presence of fraud. Once a debtor has filed for bankruptcy protection, the judge appoints a trustee to handle their case. If it is ...3 days ago -
Having more on your vehicle th…
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Having more on your vehicle than it’s really worth is certainly a disheartening situation, but there are ways out of it. In some instances you could be competent to lower the debt owed, reduce your monthly payments or even redeem the vehicle completely. If you’re thinking of contacting a bankruptcy lawyer ...3 days ago -
Looking to find out how you can file bankruptcy in Nebraska
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Pin It If you are about to go bankrupt or worse, Skrupa Law Office has all you need and much more. If you are in some kind of debt, they offer you great debt relief to make your situation a lot easier. They have a ton of experience and since 2004, they’ve been recognized as one of the fastest growing ...3 days ago -
Dealing With a Financial Surprise
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There are two typical types of financial setbacks that lead to bankruptcy for most people: a huge surprise, and a slow and steady increase in debt. If you are on the surprise side of things, as many of us are from time to time, it is important to follow several important steps. If you just [...]3 days ago -
If My Co-Signer Files Bankruptcy Does their Filing Affect Me?
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The bankruptcy process may seem challenging depending on personal circumstances and which chapter is filed. It is often wondered what happens when a co-signer files for bankruptcy protection. In many cases, a co-signer situation makes both parties responsible for outstanding debt. If the account in question goes ...6 days ago -
My Sallie Mae Loan Was Discharged in My Bankruptcy But They Still Are Trying to Collect
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From How to Get Out of Debt “Dear Steve, I signed as co-signer for a Sallie Mae student loan for a friend back in about 2003 and in shortly after that about 2005 never had further contact with this person. Later found out that they defaulted in their loan, so Sallie Mae started sending me collection letters. ...1 week ago -
Is Filing for Bankruptcy the Best Alternative?
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The world is suffering financial turmoil at today. While recession rages, price hike becomes extensive. Citizens are more financially hassled-as their expenses escalate so as their financial obligations. You might just be one of them. You’re losing control over your finances. Aren’t you? How long can you hang on? ...2 weeks ago -
Increase in Homestead Exemption Good News for Georgia Bankruptcy Filers
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Georgia bankruptcy filers got two pieces of good news this past week – the Governor has signed Senate bill 117 increasing the bankruptcy homestead exemption from $10,000 to $21,500, and the median income tables for Georgia families has been adjusted upwards, reversing a steady downward trend. By far, the new ...3 weeks ago -
How to Avoid the Painful and Expensive Chapter 13 “Car Trap”
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Filing a chapter 13 bankruptcy case is sometimes necessary because of having debts which can’t be discharged in chapter 7 , having non- exempt property, or having too much income to file chapter 7. When you make the decision to file a chapter 13 case, be sure you consider your options regarding the financing ...3 weeks ago -
What is Chapter 13 Bankruptcy?
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Chapter 13 Bankruptcy In contrast to Chapter 7 Bankruptcy , which allows an individual to have all unsecured debts, such as credit cards and personal loans discharged, Chapter 13 Bankruptcy allows an individual to propose a plan for repaying of debts over 3-5 years. In addition to residency requirements relating ...3 weeks ago -
Can I Rent Or Buy A Home While I Am In Chapter 13 Bankruptcy?
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Q: I’m in bankruptcy but I’m working can I rent or buy a house while I’m in Chapter 13 bankruptcy? If so, who can help me find a house under this term? –Anonymous, Saint Louis, MO A: Dear St. Louis,Been there, done that. The nice thing about a bankruptcy is that a landlord or lender is protected from ...3 weeks ago -
Oregon Court: Mortgage Cram Down Not Allowed Where Plan Calls for Balloon Payment
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Chapter 13 bankruptcy has its benefits One of the benefits of filing for Chapter 13 bankruptcy is the ability to modify or “cram down” certain secured debts. For example, a consumer who owes far more than their car is worth has the option of cramming down the car loan to meet the actual value of [...]3 weeks ago -
Filing for Phoenix Chapter 13 Bankruptcy
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Many people are surprised to find that there are actually a lot of different ways in which to file for bankruptcy and, beyond that, a lot of different types or chapters of bankruptcies for which one many file. Depending upon your situation, you may need to file for a Phoenix chapter 13 bankruptcy or some other type ...3 weeks ago -
Easy Steps to File for Personal Bankruptcy in Dallas
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If you are thinking of filing for personal bankruptcy in Dallas and are worried of a complicated and difficult legal move, think again. While the decision to file should come after much deep contemplation, the truth is that an experienced bankruptcy lawyer can help you navigate the choppy waters of Chapter 7 or ...3 weeks ago -
South Carolina Median Income Figures for Cases Filed On or After May 1st
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South Carolina median income numbers effective May 1, 2012 are now out. They are as follows: Household of 1: $38,849 Household of 2: $49,363 Household of 3: $52,428 Household of 4: $64,898 For each household member over four, add $7,500. What’s this mean? Income figures are up for all household sizes. This means ...3 weeks ago -
I Can’t Afford to Keep Up With My Bankruptcy Chapter 13 Payment. – Tomasa
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From How to Get Out of Debt “Dear Steve, ON JAN 2001 I FILE CHAPTER 13 AND I STARTED MAKING MAKING ON IT ON FEB 2011. ON NOV 2011 I HAVE TO QUITE MY JOB BECAUSE OF MEDICAL REASONS. SO I CALL THE BANKRUPTCY OFFICE AND THEY TOLD ME THAT THEY WOULD WORK WITH ME, SO THEY TOLD ME THAT THEY WOULD ADD TWO MONTHS ...3 weeks ago -
Steps in Filing Bankruptcy
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Steps in Filing Bankruptcy filing for bankruptcy Steps in filing bankruptcy generally includes some matters related to the following : The process of preparation of documents and files, these are steps in filing bankruptcy will be the basis on the next steps, you are present at the meeting of ...4 weeks ago -
Divorce during Bankruptcy
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One of the leading causes of marital conflict involves money, or lack thereof. If you and your spouse filed a joint bankruptcy and you are now considering divorce, your respective financial positions may be at odds with each other. One person may want the house, one may not. Both may want the same vehicle. ...4 weeks ago -
Don’t Get Stuck With A Surrendered Home After A Bankruptcy
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My colleague, Jed Berliner , wrote recently about getting stuck with a home that your thought you surrendered in a bankruptcy case to your mortgage lender. Yes, Virigina, the American dream is dead , dead, dead, But there is a way to avoid getting stuck with real estate after a bankruptcy, but it all depends on ...4 weeks ago -
How to Afford Bankruptcy
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Bankruptcy can be affordable . It requires a lot of money to file for bankruptc y protections . It costs lots more than before the 2005 revisions, which doubled the expenses and work for no additional benefit. Here’s how to make it affordable. Chapter 7 cases are over in three months. One has to save up ...4 weeks ago
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