Why Some Chapter 13 Bankruptcy Plans Fail

Why Some Chapter 13 Bankruptcy Plans Fail

Chapter 13 bankruptcy is a powerful legal tool. It offers a number of advantages to a debtor, including the opportunity to erase certain debts and to catch up on mortgage arrears, missed car payments, and back taxes. Chapter 13 creases a debt repayment plan that lasts...
How Does Bankruptcy Affect My Mortgage?

How Does Bankruptcy Affect My Mortgage?

If you own a home and are considering filing for bankruptcy protection, you likely have many questions about how your home and mortgage will be affected by filing. First, understand that every bankruptcy case is unique and your options and how you will be affected is...
George

George

George Foreclosure to occur in 10 days Filed chapter 13 Foreclosure stopped After filing George was able to do a home loan modification. He stopped the foreclosure by filing chapter 13 and then he lowered his payments by getting a home loan...
John and Debbie

John and Debbie

Client one: John and Debbie Both retired on social security Total income $2,025 Total unsecured Debt: $87,176. They were trapped by minimum payments Filed chapter 13 Monthly payment $150 per month Term: 36 months

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