Chapter 13 – Bankruptcy Basics

Chapter-13–Bankruptcy-Basics

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

Chapter 7 Bankruptcy – Do you qualify, how to file

Chapter-7-Bankruptcy–Do-you-qualify-how-to-file

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