Use bankruptcy as tool to take the best advantage of the pandemic mortgage foreclosure moratorium. Get stability in an unstable environment....
Continue readingChapter 13 and the Eviction Moratorium
Use Chapter 13 to catch up on back rent that piles up during the eviction moratorium, so that you can stay in your rental long term....
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Bankruptcy and the Eviction Moratorium
The CDC’s recent eviction moratorium order stopping all U.S. residential evictions gives you a new tool to use with some wise bankruptcy planning. ...
Continue readingNew Federal Eviction Moratorium
The Centers for Disease Control and Prevention (CDC) just asserted its COVID-fighting power to stop most residential evictions through 2020....
Continue readingThe Effects of an Income Tax Lien
Try to file bankruptcy before an income tax lien gets recorded. But if you can't, here are the effects of a tax lien under Chapter 7 and 13....
Continue readingStates’ Reactions to the President’s Unemployment Benefits Extension
How are states responding to Trump's Memorandum providing $400 (or maybe $300?) weekly extended unemployment benefits? It varies widely....
Continue readingUnpaid Child and Spousal Support in Chapter 13
Chapter 13 DOES stop the collection of unpaid child or spousal support from your after-filing income and other assets. Chapter 7 does NOT....
Continue readingBankruptcy’s Many Benefits for Your Home
Bankruptcy can save and protect your home in many different ways. One of these may be just what you need. Or you may use them in combination....
Continue readingCramdown on Furniture and Other Personal Property Debts
Cramdown lowers vehicle loan payments and the total paid on the loan. But you can also get similar benefits on other personal property debts....
Continue readingHow a cramdown saves money
Here's an example of vehicle loan cramdown that shows how you can reduce your vehicle payments and be free and clear after paying less....
Continue readingAre you Behind on Your Auto Payments
Vehicle loan cramdown doesn't just likely reduce your vehicle payments and the total you pay. You'd also not have to catch up on late payments....
Continue readingTime requirements for a Cramdown on Vehicle Loan
The time requirements for a cramdown on a vehicle loan in Chapter 13 requires that your loan is at least two and a half years old. But there are exceptions to this. ...
Continue readingQualifying for a Cramdown
To qualify for a Chapter 13 vehicle loan cramdown, mostly your loan must be at least two and a half years old. There are exceptions to this....
Continue readingDecrease your Auto Loan
If you can’t afford to pay your vehicle payments even after writing off your other debts under Chapter 7, consider decreasing your auto loan through a Chapter 13 cramdown....
Continue readingKeep Your Vehicle without Reaffirmation
Can you keep your vehicle without reaffirming its loan? Can you make the payments without reaffirming? What if you can't afford the payments?...
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