Understanding Chapter 13 Bankruptcy Rules

Chapter 13 was created to help individuals who are facing a financial crisis and want to keep certain assets. Although filing this Chapter of bankruptcy may be able to prevent a vehicle from being repossessed or a home from being foreclosed, it is important that...
What is Chapter 13 Bankruptcy?

What is Chapter 13 Bankruptcy?

When most people think of Bankruptcy, they think of a clean slate, a fresh start, a way to wipe out debts quickly.  However, what this describes is not a Chapter 13, but a Chapter 7 Bankruptcy. So, what is Chapter 13 Bankruptcy? What Is Chapter 13 Bankruptcy? A...
When To File Chapter 13 Bankruptcy

When To File Chapter 13 Bankruptcy

Unfortunately, since the economic downturn, more individuals and businesses have faced bankruptcy. When most people think of bankruptcy, they think of Chapter 7. However, there are individuals who want to know when to file Chapter 13 bankruptcy. Although it is not...