New Chapter 11 Bankruptcy Law

New Chapter 11 Bankruptcy Law

WHAT IF I AM OVER THE DEBT LIMIT IN ORDER TO FILE FOR A CHAPTER 13 BANKRUPTCY? A Chapter 13 Bankruptcy allows individuals to pay all or a portion of their secured and unsecured debts through a U.S. Trustee-approved plan, totaling 3-5 years. After the payment plan is...
Obtaining a Mortgage After a Chapter 13 Discharge

Obtaining a Mortgage After a Chapter 13 Discharge

In a Chapter 13 Bankruptcy filing, payments are made to a Trustee for a set amount of time. Once all the payments have been made, the person who filed the bankruptcy is “discharged,” or released, from all debts that were part of the Chapter 13 repayment plan.Many...
Top Reasons Why You Should Consider Bankruptcy

Top Reasons Why You Should Consider Bankruptcy

Whether you’re upside down in debt because of being unemployed, too much spending, medical bills, college tuition or anything else, you should know that you’re not alone! Last year, almost 773,000 individuals found themselves in the same situation. You at one point or...

Vehicle Repossession and Chapter 13 Bankruptcy

Cars have provided modern society with independence and freedom of movement for more than a century. Having a car relieves stress because public transport is unreliable. Applying for a car loan can be a great option when you don’t have enough savings to buy a...

Do I Qualify for Bankruptcy? Which Chapter?

The first question for many people considering bankruptcy is “do I qualify?” In order to determine whether you qualify for bankruptcy, you should consult with a Marietta bankruptcy attorney. As a general rule, almost everyone qualifies for bankruptcy. Find...

The Differences Between Chapter 13 and Chapter 7

Through years of practice, I have lost track of how many times I am asked the question, “What is the difference between Chapter 13 bankruptcy and Chapter 7 bankruptcy, and what is the best option for me?” Every time that I am asked that question, I give...