Simple and Not-so-simple Debts in Chapter 7 and 13
Very broadly speaking Chapter 7 handles simple debts as well or better than Chapter 13 does, which handles more difficult debts better.
Good Timing Can Shorten Your Chapter 13 Case by 2 Years
We show how wise timing in your filing of a Chapter 13 "adjustment of debts" case could shorten your payment plan from 5 years to 3 years.
The Means Test is Based on Timing
Most people easily pass the means test based on their relatively low income. Timing plays a huge role in calculating your income.
“Residence” and “Domicile” in Bankruptcy
Your domicile, and sometimes your residence, determines whether you can file bankruptcy, where to file, and what property you keep.
“Credit Counseling” and “Debtor Education”
These two requirements are quite straightforward to accomplish, but can trip you up if you don't take care of them when you need to.
Bankruptcy–A Moral Choice
When is it moral to break your promises to pay your debts?
A Chapter 13 Debt Limit Increase
As of April 1, 2016 you can have a little more debt and still qualify for a Chapter 13 "adjustment of debts"
Peace on Earth, Good Will to All: Merry Christmas!
Bankruptcy can bring you financial peace. And in that process you will likely be treated with respect and good will.
Making Sense of Bankruptcy: Can a Non-Citizen File Bankruptcy?
Yes, you can usually file bankruptcy in the United States regardless of your citizenship status.
New Debt Limits Are Now in Effect in Chapter 13 Cases
As of April 1, you can owe more debt and still qualify for Chapter 13.