A chapter 13 bankruptcy is also called a wage earner’s plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. If the debtor’s current monthly income is less … Read more
The reason why Chapter 7 bankruptcy is popular among debtors is that most of their unsecured debts, without collateral, are protected under a federal court. So, it is important to know what is Chapter 7, how long does Chapter 7 take and can you do without Chapter 7 bankruptcy attorney. Is Chapter 7 the right option for … Read more
Knowing how to get rid of judgement lien is important, and there are several options for it, such as bankruptcy removal and the like. Your attorney will be the best judge to guide you on which option to exercise What is judgment lien? Lien is the right to keep somebody’s property until the debt is paid. … Read more
Before finding out the cost of filing Chapter 13 bankruptcy, it is important to know what Chapter 13 bankruptcy is all about. What is Chapter 13 bankruptcy? Also known as wage earner’s plan, Chapter 13 bankruptcy helps the debtor in developing a repayment plan. The plan may vary from three to five years depending upon … Read more