A Chapter 13 bankruptcy is also called a “reorganization” bankruptcy. Chapter 13 bankruptcy is very different than Chapter 7 “liquidation” bankruptcy. In a Chapter 13 bankruptcy, you keep all of your...
When you file paperwork with the bankruptcy court, you are required to submit specific forms to be approved. Your bankruptcy attorney or the court in your district will tell you what the requirements of your district are,...
Who you owe and how you plan to pay your debt is the central part of a Chapter 13 bankruptcy. Your plan outlines for the court how much each creditor will receive, and how long your plan will last. Repayment Plan Forms You...
When you file Chapter 13 bankruptcy, you will submit a plan to the courts outlining how you intend to make the payments to catch up on your debt. Certain debts will need to be paid in full during your case. Priority debts are...
Not everyone can file for Chapter 13 bankruptcy. Some reasons you may not qualify is if you received a previous Chapter 7 discharge within the last four years or a Chapter 13 discharge within the previous 2 years. To file...
