Tag Archives: bankruptcy 13

Chapter 13 Bankruptcy Rules, Questions, and Background

Chapter 13 Bankruptcy Background A chapter 13 bankruptcy is usually called a wage earner’s plan. It permits people with routine salary to develop a strategy to repay all or part of their debts. Under this chapter, borrowers propose a repayment plan to make installments to lenders over three to five years. If the debtor’s current [...]

Chapter 13 Bankruptcy Plan, Trustee and Meeting of Creditors

The Chapter 13 Plan and Confirmation Hearing Unless the court agrees to an extension, the debtor must absolutely file a repayment plan with the petition or inside 14 days after the petition is filed. A plan must be tendered for court approval and must provide for monthly payments of preset amounts to the trustee on [...]

All About Bankruptcy – Chapter 7 Bankruptcy – Chapter 13 Bankruptcy

Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It [...]

How to Find a Good Bankruptcy Lawyer or Bankruptcy Attorney

So the time has come that you feel as if you need to explore bankruptcy. At least you want to talk to a bankruptcy lawyer about what bankruptcy would mean for you. People often can’t see that finding a bankruptcy attorney does not mean you are going to file bankruptcy, it means you are going [...]