Debts with Collateral–THE Fixation of Many Bankruptcies
Your vehicle loan, home mortgage, account at the appliance or electronics store, and maybe a debt that's resulted in a judgment lien--these debts with collateral are the ones that grab the most attention during a bankruptcy case. And that includes the attention of the creditors, very interested in "their" collateral.
What Happens to Your “General Unsecured Debts” in Chapter 13?
In most Chapter 7 "straight bankruptcies," most debts are legally written off, especially debts that are not secured by any collateral and don't belong to any of the special "priority" categories of debt. But how about in a Chapter 13 payment plan? What determines whether these creditors get paid, and if so how much?
What Happens to Your “General Unsecured Debts” in Chapter 7?
Your "left-over debts"--those which are neither secured by collateral nor belong to any of the special "priority" categories--often don't drive the decision about whether to file Chapter 7 or 13. But you still need to know how these "general unsecured debts" are handled under these two options.
The Most Basic Concept in Bankruptcy: Debts
The most practical questions you likely have if you are considering bankruptcy is what it will do to each of your debts.
Business Litigation Worth Fighting About in Bankruptcy
The closing of your business, followed by your personal bankruptcy filing, often ends threatened or ongoing business litigation against you. But here are three situations where that litigation could well continue regardless of the bankruptcy.
A Big Benefit to Owing Lots of Business Debt: Skip the “Means Test” and Qualify for Chapter 7
If you owe more business debt than consumer debt, then you can avoid not only the "means test" but also some other roadblocks to a successful post-business Chapter 7 bankruptcy case.
Getting a Handle on Your Income and Business Taxes Through Bankruptcy While Your Business Forges Ahead
Could your small business survive and even thrive if you could just get better terms for payment of your back tax debts?
Irony by Perjury Adds Insult to Injury: from Lender Robo-signing to Foreclosed Homeowners Begging for Scraps from the National Mortgage Fraud Settlement
Homeowners who lost their homes to foreclosure may need to commit perjury to get restitution payments through the settlement. That would be the deepest kind of insult on injury.
Update on the Cash Distribution to Foreclosed Homeowners from the National Mortgage Fraud Settlement
What qualifies you to receive the $1,500 to $2,000 restitution payment for losing your home to foreclosure? More clues have just become available.
Dealing with Accusations of Business Fraud through Bankruptcy
When a small business fails, its owner or employee is sometimes accused of causing or hastening that failure through fraud or other intentional bad behavior. If that person is already considering filing a bankruptcy to deal with the financial fallout of the closing of the business, how are those accusations going to be handled in that bankruptcy case?
Protecting Yourself When Your Business Has to Throw in the Towel
If you're seriously considering closing down a struggling business, you are likely very concerned about personal damage control: how do you end the business without being pulled down with it?
Your Sole Proprietorship Business Rescued by Chapter 13
Do you have a small business in your own name that would be successful if it only got a break from its debts? A Chapter 13 case would likely greatly reduce both your business and personal monthly debt service while you continued to run your business.
Is the Home Affordable Refinance Program (HARP) 2.0 New and Improved Enough to Help YOU?
Under new rules coming on line, HARP is now available for refinances no matter how far your home is underwater. The 125% loan-to-value cap is no more.
Ten Terrific Tools for Saving Your Home through Chapter 13–Part 2
Here are the other 5 powerful home-saving tools. Chapter 13 isn't for everyone. But these tools, especially in combination, can often give you what you need to tackle and defeat your mortgage and other home-debt problems.
Ten Terrific Tools for Saving Your Home through Chapter 13–Part 1
Powerful Chapter 13 gives you tools to solve your mortgage problems from a number of different angles. Plus it gives you other tools to deal with tax, support, and judgment liens on your home.
