When was the last time that you checked your credit score? Has it been awhile? Maybe you are afraid to see how bad it really is, or perhaps you mistakenly believe that checking your credit score can damage your credit rating. That is not the case, and it is actually a...
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chapter 13 bankruptcy
Who can file for Chapters 11 and 13 bankruptcies?
The first thing that debtors often ask their bankruptcy attorneys is what property they will be allowed to keep and what they will need to surrender. The property you are permitted to keep is known as "exempt" property. Chapter 11 and Chapter 13 bankruptcies are debt...
Could you sabotage your own bankruptcy filing?
If you have decided to file for Chapter 13 bankruptcy, you may have heaved a sigh of relief. You won't have to surrender your property and have bought yourself the time to disentangle yourself from the chains of debt. But before you drop your guard entirely, it's...
When is a Chapter 13 bankruptcy filing preferable to Chapter 7?
When a person is struggling with overwhelming debts, the right path for them to get a fresh start will depend on their specific circumstances. This is why there are so many types of bankruptcy to choose from. If you are considering filing for bankruptcy as an...
How to manage debts through monthly payments
If you are struggling with managing debts that have arisen over time, it is likely that you have been finding it difficult to hold yourself accountable when it comes to sticking to your monthly budgets. If you bury your head in the sand and ignore your repayment...
Why should I file for Chapter 13 bankruptcy?
If you are currently unable to pay your bills on time you may want to consider bankruptcy as an avenue to resolve your debt troubles. In the vast majority of cases, individuals in debt trouble will need to file for Chapter 7 bankruptcy or Chapter 13 bankruptcy....
Paying off your debts through a monthly payment plan
When you are struggling with debts, the actual amount of debt that you have could make you feel as though it is impossible for you to ever be debt-free. However, when you take a step back and divide the repayment goal into monthly, manageable chunks, the debt probably...
Deciding whether to file for Chapter 13 bankruptcy
Deciding to file for bankruptcy can be a very difficult decision to make. Sometimes it may feel as though it would be easier to bury your head in the sand and pretend that your debts do not exist. But the fact of the matter is that in order to free yourself from your...
Getting out of debt through a wage earner’s plan
Dealing with ever-increasing debt can feel like a never-ending cycle that you will never get out of. The government recognizes that it can be very difficult for debtors to get out of the situation they find themselves in, especially because of interest rates on unpaid...
What are my obligations in a Chapter 13 bankruptcy?
If you are struggling to keep up with ever growing debts, it is likely that you have considered bankruptcy as one option in helping you to recover from your situation. There are many different chapters of bankruptcy that offer differing benefits and plans, which can...