Actions To Take When Considering Bankruptcy
If you’re considering bankruptcy, generally don’t sell or give away your possessions—including collateral—or use retirement money. Two weeks ago, we made the... Read More
List all Creditors in Your Bankruptcy Case
If you don't list a debt in your bankruptcy case, and don't add it in on time, it may not be written off. So carefully include all debts.
Giving a Creditor “Adequate Protection”
To be able to keep your property that's collateral or security on a secured debt, you must give that secured creditor "adequate protection."
Filing “Chapter 20” to Defeat the Chapter 13 Debt Limits, and More
If you owe too much debt but still need the benefits of Chapter 13, consider "Chapter 20."
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.
Even Simple Chapter 7 Bankruptcy Can . . . Get You Out of Bad Vehicle Loan
Saving the vehicle sometimes is not the best option, so Chapter 7 bankruptcy gives you a safe way out.
Bankruptcy Can Do So Much More Than Just Wipe Out Your Debts–But That’s Not A Bad Start
Chapter 7 gives you a fresh financial start by legally erasing your debts. That's enough if your debts are simple ones.
Your Vehicle in Chapter 7 and Chapter 13
Bankruptcy can protect your car or truck. Both Chapter 7 and 13 can, but which do you need?
The Kinds of Debts Better Handled through Chapter 13
Simplistic but often true: Chapter 7 deals better with simpler debts, while Chapter 13 with more complicated debts. What ARE more complicated debts?
