How a Chapter 13 Bankruptcy Works

A debtor seeking relief under Chapter 13 must provide a practical and reasonable plan to pay off some or all of their debt over a period of time.  A Chapter 13 bankruptcy plan lasts for 36 to 60 months depending upon your income.  In some...

Direct Payments Made by Creditors for Secured Claims

Upon confirmation of a Chapter 13 plan, any secured debt in which a debtor is making direct payments the following will occur:

  1. The automatic stay under 11 USC 362 and 11 USC 1301 is terminated as to the collateral of the secured...

Will I Lose My Home If I File For Bankruptcy?

Will I Lose My Home If I File For Bankruptcy?

Whеn gіvеn a сhоісе, mаnу debtors рrеfеr fіlіng Chарtеr 7 bаnkruрtсу bесаuѕе it dіѕсhаrgеѕ thе mоѕt debt. Hоwеvеr, a dеbtоr must ԛuаlіfу...

What Actions Must a Debt Collector Avoid

Even if you owe the money, there are some actions that a debt collector cannot take pursuant to the Fair Debt Collect Practices Act.

  1. A debt collector may only contact you between the hours of 8:00 am and 9:00 pm. The debt collector...