Jul 29, 2010
When a Chapter 13 bankruptcy is filed, the Debtor’s first payment is due 30 days after filing. However, the case is not confirmed for at least 3-6 months. The Trustee cannot start paying most of the creditors until the case is confirmed.
Jul 22, 2010
One of the options a Debtor has when she files a Chapter 13 is how she wants to pay for her car. She can either continue to pay the car directly to the car company or she can put the entire balance of the car in her Chapter 13 bankruptcy plan.
Jul 16, 2010
Under the new law before filing a bankruptcy a credit counseling course is required. Filing of a bankruptcy is a big decision and the right choice for many. The main objective of the credit counseling course is to make sure you have...
Jul 12, 2010
Filing a bankruptcy is a difficult task. Therefore, many people hire an attorney to help them through the process to get financial relief. However, it is not enough for an attorney to just file a case and hope it all goes well...
Jul 06, 2010
Our homes are very important to us, and owning one is a dream-come-true. It’s the place we call our own, a sanctuary, and the place where we raise our kids. However, if you do not make the right choices when financing...
Jun 25, 2010
What happens with student loans? Many people ask this question when they go through bankruptcy. Student loans have to be listed, because, by law, all debts that you owe have to be listed. What you have to do is contact the student loan services...
Jun 21, 2010
I usually say the number one reason people file a Bankruptcy is a divorce and the number reason you should file a bankruptcy is that divorce. The reason it causes bad credit because now there are two house-holes with...
Jun 11, 2010
There are two different types of exemptions that people use to protect their house, cars, and bank accounts. Anything that is considered to be an asset, your attorney will use Federal or State Exemptions to protect your assets.