Chapter 13 plan Archives

Almost never. You do need to attend a 5-to-10-minute meeting, accompanied by your attorney, which is usually straightforward.

Not under Chapter 7; more likely under Chapter 13. But it's illegal to be fired or discriminated against in your job for filing bankruptcy.

A Chapter 13 plan lets you propose what collateral you want to keep and what it is worth paying for, giving you a lot of leverage.

Chapter 13 has so many benefits--some potentially worth lots of money to you--that it's worth finding out what it can do for you.

You can be in a streamlined monthly installment plan to pay back income taxes even if you owe the IRS a lot of money. But should you be?

You get more control than with Chapter 7 over the amount of your tax payment, who you can pay ahead of taxes, & adjustments to the payments.

Don't let what you've heard about "losing" your tax refunds be a factor in deciding whether to file a Chapter 13 "adjustment of debts."

You can usually spend your anticipated tax refund on something important, but may first have to get permission from the bankruptcy judge.

If you're filing an "adjustment of debts" Chapter 13 case, what choices do you have about your income tax refund?

In Chapter 13 the trustee is a gate-keeper, overseer, and payment distributor. Quite different than in Chapter 7.