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Category: Chapter 13 Video

Should I File Chapter 13?

January 20, 2014 | Posted in Chapter 13 Video

Many people are unaware of the benefits of filing for Chapter 13 bankruptcy. One of the biggest perks in a Chapter 13 bankruptcy is its ability to prevent foreclosure or manage other debts that would otherwise be excluded from discharge in Chapter 7 bankruptcy. Unfortunately, too many people end up on the wrong side of […]

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How does a Chapter 13 bankruptcy case begin?

August 24, 2012 | Posted in Chapter 13 Video

A chapter 13 case normally begins by visiting an attorney to determine whether or not Chapter 13 might be the best solution to your financial problems. Frequently, people think they need a Chapter 13 when there are other ways to deal with their debt situations. If a Chapter 13 is the correct form of bankruptcy […]

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What should I do if I know I am going to miss a payment?

August 23, 2012 | Posted in Chapter 13 Video

If you’re going to miss a chapter 13 payment, you should contact your attorney immediately. Often times taking action before the payment is missed can make the difference between having a difficult time with your trustee and possibly losing a Chapter 13 case, and working out some kind of an arrangement that will enable you […]

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What happens after the payment plan is approved?

August 23, 2012 | Posted in Chapter 13 Video

Once the Chapter 13 payment plan is approved, all the creditors listed in the bankruptcy petition are bound by this plan. If they failed to object to the plan early in the filing process, they lose the opportunity to object to the plan later. Thus, you can be certain that if you complete your plan […]

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What is the proposed payment plan?

August 23, 2012 | Posted in Chapter 13 Video

The proposed payment plan in a Chapter 13 bankruptcy is the amount that you are going to pay every month towards your debts. The plan will detail exactly what debts are to be paid, what debts are not to be paid, the amount of the debt to be paid, and what property you are going […]

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Who can use Chapter 13?

August 23, 2012 | Posted in Chapter 13 Video

Only individuals can use chapter 13. Partnerships and corporations are not eligible. You must have regular income and there are limits on the amount of debt that you can owe in order to be eligible for chapter 13 relief. More Chapter 13 bankruptcy Videos Should I File Chapter 13?Chapter 13 bankruptcy466 Views

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