7 Benefits of Chapter 13 Bankruptcy

Chapter 13 bankruptcy is a court-approved repayment plan allows debtors to pay back their debt obligations over a period of three to five years depending on their debt and income levels. The repayment plan allows debtors to make one manageable payment each month to their bankruptcy trustee, so there is no contact with creditors. For [...]

By |2018-11-07T23:05:03+00:00July 24th, 2017|Bankruptcy, Chapter 13 Bankruptcy|Comments Off on 7 Benefits of Chapter 13 Bankruptcy

What’s Holding You Back From Filing For Bankruptcy?

You're getting squeezed by your debtors. There's not an hour that goes by when you don't receive harassing phone calls from collections agencies. Every time you open your mailbox, you are met by a cascade of final demands and urgent notice letters, all of which document exactly how much you owe and to whom. If [...]

By |2017-12-14T19:00:29+00:00February 6th, 2017|Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy|Comments Off on What’s Holding You Back From Filing For Bankruptcy?

Business Bankruptcy Lawyers: Debt Relief Options for Small Businesses and Business Owners

Dallas Business bankruptcy lawyers discusses about debt relief options - Owning and operating a business is no easy task – no matter the industry. In fact, statistics show that business owners in certain industries – such as restaurants – face incredibly tough odds when it comes to getting off the ground or achieving solid financial success. With the need [...]

By |2018-04-10T11:05:12+00:00January 18th, 2017|Bankruptcy, Chapter 13 Bankruptcy|Comments Off on Business Bankruptcy Lawyers: Debt Relief Options for Small Businesses and Business Owners

Can Chapter 13 Bankruptcy Help Me with Business Debt?

If you own a small business and need help reorganizing your debts, Chapter 13 bankruptcy may be an option to consider. This Chapter can help you develop a repayment structure based on income earnings, type of debt, and expenses you have, and ultimately keep your assets and business in operation. Chapter 13 plans typically last [...]

By |2018-11-08T23:23:22+00:00January 9th, 2017|Bankruptcy, Chapter 13 Bankruptcy|Comments Off on Can Chapter 13 Bankruptcy Help Me with Business Debt?

How Much Debt Is Required to Be Repaid in Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy is known as the “wage earner plan” because it allows debtors who have some amount of disposable income to retain their property and make payments toward their debt over the span of several years (usually five). The bankruptcy means test will typically determine if this Chapter of bankruptcy is most appropriate for [...]

By |2018-11-09T22:14:12+00:00October 3rd, 2016|Bankruptcy, Chapter 13 Bankruptcy|Comments Off on How Much Debt Is Required to Be Repaid in Chapter 13 Bankruptcy?

How Does The Automatic Stay Help Those Filing for Bankruptcy?

Filing bankruptcy can be an intimidating decision. But, did you know that there are various tools that can protect you during the process? In fact, one of the most beneficial tools for those filing bankruptcy is the automatic stay. The automatic stay is a part of all bankruptcy cases, and it stops all collection actions [...]

By |2018-11-08T19:43:20+00:00September 6th, 2016|After Bankruptcy, Bankruptcy, Chapter 13 Bankruptcy, Debt Collectors|Comments Off on How Does The Automatic Stay Help Those Filing for Bankruptcy?

Conduit Mortgage Payments in Chapter 13 Cases

If you are behind on your mortgage and file for Chapter 13 bankruptcy, your plan will have to include your mortgage payments (“conduit mortgage payments”). Prior to the enactment of an order that requires mortgage payments to be made within a Chapter 13 plan, debtors were able to make payments directly to their mortgage company [...]

By |2017-12-13T02:08:55+00:00June 23rd, 2016|Bankruptcy, Chapter 13 Bankruptcy, Loans / Mortgages|Comments Off on Conduit Mortgage Payments in Chapter 13 Cases

What Bankruptcy Can & Cannot Do For Federal Tax Debt

If you have federal tax debt, you may be wondering if filing for bankruptcy can do anything to help your situation. You may have even heard commercials offering the hope of eliminating tax debts in bankruptcy, but it’s actually not that simple. Most tax debts can’t be discharged by bankruptcy. And unfortunately, if you are [...]

By |2018-11-14T18:58:53+00:00March 24th, 2016|Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt and Tax Relief|Comments Off on What Bankruptcy Can & Cannot Do For Federal Tax Debt

7 Significant Benefits of Chapter 13 Bankruptcy

Chapter 13 bankruptcy is a court-approved repayment plan that helps debtors manage debt obligations in 3 to 5 years. Many debtors that feel overwhelmed with making monthly payments can have their obligations restructured so they are easier to pay. This is a great option that offers a variety of benefits with many debtors enjoying multiple [...]

By |2018-05-09T14:14:10+00:00April 22nd, 2014|Chapter 13 Bankruptcy|Comments Off on 7 Significant Benefits of Chapter 13 Bankruptcy

If I Am in Chapter 13 Bankruptcy Can I Keep My Tax Refund?

If I Am in Chapter 13 Bankruptcy Can I Keep My Tax Refund? Chapter 13 bankruptcy is a structured repayment plan approved by the court that helps debtors make affordable monthly payments to creditors. The plan is based on income ability of the debtor with disposable income being another factor in how payments to creditors [...]

By |2018-11-07T22:35:56+00:00March 31st, 2014|Chapter 13 Bankruptcy|Comments Off on If I Am in Chapter 13 Bankruptcy Can I Keep My Tax Refund?