Individuals struggling with unsustainable levels of debt might eventually decide to file for bankruptcy. They then have to choose the type of bankruptcy they pursue based on their income levels, the type of debt they have and the assets they may own. For those with...
Could filing for Chapter 13 bankruptcy help you keep your home?
Filing for Chapter 13 bankruptcy can be a lifeline for homeowners who are facing the daunting prospect of foreclosure. This type of bankruptcy, often termed a "wage earner's plan," allows individuals with a regular income to develop a plan to repay all or part of...
Who is eligible to file for Chapter 13 bankruptcy?
Chapter 13 bankruptcy allows individuals to develop a plan to repay all or part of their debts. Unlike Chapter 7, which involves liquidating assets, Chapter 13 allows debtors to keep their property and make payments over time. Not everyone qualifies for this type of...
How Chapter 13 bankruptcy can help you recover from extreme debt
Nothing is more frustrating and overwhelming than hitting a financial wall, making you uncertain about what to do next. Suppose your bills keep piling up and creditors are breathing down your neck; Chapter 13 bankruptcy may be the solution you’re looking for. Chapter...
