Bankruptcy Blog

Chapter 13 gives you much more time to catch up on your unpaid mortgage payments. That can be reason enough choose this option...

Chapter 7 usually lets you retain your home if you are current (or not too far behind) on your mortgage payments (& other home-based debts)...

If you are filing a Chapter 13 case for other reasons, it's also a good opportunity to get rid of your vehicle lease if you want to do so...

A vehicle lease can cost you less up-front and each month, but is in reality very expensive. Bankruptcy is your way to break the contract...

Want to keep your leased vehicle but aren't current on the payments? File a Chapter 13 case if you can't get current right away...

If current or able to get current on your vehicle lease payments, you'll likely be able to keep that vehicle in a Chapter 7 case...