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Chapter 13 Bankruptcy or Chapter 7 Bankruptcy?

If you are in financial trouble and looking into bankruptcy, you may be wondering whether a chapter 13 bankruptcy or a chapter 7 bankruptcy is the best...

If you have filed a Chapter 13, you have encountered the Chapter 13 Plan. This is the repayment plan for your debts that must be submitted as part of the process in a Chapter 13. The plan, once...

The real estate bubble caused a great disruption in the market for homes in the United States. Home prices were driven up and then collapsed, taking with them much of the economy and many jobs. The...

Presently, in a chapter 13 bankruptcy, a chapter 13 debtor cannot modify the rights of a first mortgage holder on a home. However, as you would hear from an attorney, banktruptcy debtors may strip...

In the aftermath of the housing crisis of 2008, a significant number of home owners found themselves with mortgage debt that vastly exceeded the value of their homes. As the economy has continued to...

The initial question that must be answered in any bankruptcy analysis is whether you are eligible to file a Chapter 13 bankruptcy.

You Have to Be An Individual

Only an individual can file a chapter...

NJ Foreclosure numbers have risen 130 percent year over year according to a report from RealtyTrac.

New Jersey Foreclosures on Increase, While Nationwide Dropping 

Nationwide the picture is different...

The point of a chapter 13 bankruptcy is to require people that have extra money at the end of the month to repay at least a portion of their debt. The Bankruptcy Code uses an analytical approach (the...

Many people struggling with debt are hesitant to take a big step in regaining control of their finances: filing for bankruptcy. This hesitancy often stems from feelings of fear, guilt, shame, or...

Modifying a Car Loan with Chapter 13 Bankruptcy

A Debtor filing a chapter 13 bankruptcy has a lot of tools available to give the him or her some breathing room. One area in which relief can be...