Filing Chapter 13 Bankruptcy to stop a foreclosure is an effective way to re-organize your debt and allow you to get current with your mortgage lender. Unfortunately, what may occur is when you include the mortgage arrears along with your current mortgage payment, the Chapter 13 Bankruptcy plan payments may be too much to be…
Chapter 13 Bankruptcy
Getting your vehicle back after repossession
Like a thief in the night, a car lender will stealthily come and pick up your vehicle for non-payment. You still have options before they sell your car at auction. From the day the lender repossessed your vehicle, you will have approximately 10 days to cure the default before the car is sold. One way…
Why Would I Use Chapter 13 Bankruptcy Instead of Chapter 7?
Chapter 7 bankruptcy is often a great solution for people struggling to cope with large amounts of debt. It’s a much shorter process that Chapter 13 bankruptcy, and doesn’t require you to create and stick to a repayment plan. However, depending on your situation, you may be ineligible to file Chapter 7 bankruptcy, or you…
