From the Chapter 13 Tag

Overwhelming Medical Debt? Consider Bankruptcy

Anyone who has faced a serious illness or who has been involved in a traumatic accident understands how overwhelming medical bills can be. This is particularly true if you do not have health insurance, […]

Debt Relief: A New Year’s Resolution to Keep!

During the holiday season most people tend to set their finanical troubles aside with a promise to themselves that they will “do better” in the new year. Even so, with each gift you buy, […]

Is Bankruptcy or a Short Sale Better?

If you are past due on your mortgage payments and you are worried about losing your home in a foreclosure action, it is important to consider all of your debt relief options. Filing bankruptcy […]

How Can I Improve my Credit Score After Bankruptcy?

One of the biggest concerns debtors have when filing a personal bankruptcy is how it will impact their credit score. Contrary to what most people believe, it does not destroy your credit forever. Once […]

What is a Chapter 13 Repayment Plan?

If you are considering filing a Chapter 13 bankruptcy, you must have a regular source of income. You can establish a repayment plan that allows you to reorganize your finances and outline how you […]

Who will know about my Bankruptcy Case?

Although many people file bankruptcy each year, most do not want others to know about it. If worrying about other people finding about your filing is preventing you from obtaining the debt relief you […]

What Happens to my Car in Bankruptcy?

If you are considering filing a personal bankruptcy case, you may be worried about whether you can keep your vehicle. The answer depends upon your individual situation and what type of case you file. […]

What Does the “Means Test” Mean?

The Bankruptcy Code was amended in 2005, implementing numerous changes. One of the additions was the “means test,” which an individual must pass in order to qualify for a Chapter 7 filing. The means […]

Can I Eliminate a Mortgage in Bankruptcy?

If you are struggling to pay your mortgage loans, it may be time to consider filing for bankruptcy protection. One benefit of filing a Chapter 13 bankruptcy is a process known as “lien-stripping.” If […]

Is Bankruptcy Right for YOU?

Most people are aware that bankruptcy can provide debt relief, but many don’t think it is the right time for them to file. There is no magic equation to apply to your circumstances to […]