“Priority” Debts in Bankruptcy
What makes "priority" debts so special?...
Example of How Chapter 13 Handles a Creditor with a Disputed Lien
Here's a scenario showing how Chapter 13 solves problems that Chapter 7 doesn't solve in dealing with a creditor's disputed lien...
When a Creditor Has a Disputed Lien in Chapter 13
When a creditor may not have a valid lien, Chapter 13 gives you a good way to defeat that disputed lien and the claim against your property...
When a Creditor Does Not Enforce its Lien in Chapter 13
When a creditor fails to enforce its lien in a Chapter 7 case, you are left exposed. Not so under Chapter 13...
An Example of Surrendering Your Home Later in a Chapter 13 Case
Here's an example of how Chapter 13 can allow you to hold onto your home but then change your mind about it later...
The Option of Surrendering Your Home Later in a Chapter 13 Case
As you decide whether to use the powerful tools of Chapter 13 to hold onto your home, it helps to know that you can later change your mind...