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8 Feb 2024, 2:00 am by michael
Do you qualify for Chapter 7 and/or Chapter 13? [read post]
6 Feb 2024, 12:55 pm by jaxlawcenter
The trustee’s role is to review your financial information, oversee any asset liquidation in Chapter 7, or manage the repayment plan in Chapter 13. [read post]
6 Feb 2024, 6:00 am by Damon Duncan
This plan is at the heart of Chapter 13 and determines how much you will pay monthly to the bankruptcy trustee. [read post]
1 Feb 2024, 4:38 am by jweil
Some negotiation with the bankruptcy trustee may be involved. [read post]
31 Jan 2024, 1:23 pm by LawGina
Usually, the Chapter 13 trustees will agree to let the debtor keep 50% of the net proceeds of the case, where the Chapter 7 trustee’s will take 100% of the proceeds. [read post]
30 Jan 2024, 8:07 am by Cathy Moran
In Chapter 13, they image paying creditors every dollar of value over the exemption. [read post]
29 Jan 2024, 1:31 pm by LawGina
If you are in a Chapter 13, it is required to supply your tax return each year to the trustee and turn over your tax refund. [read post]
26 Jan 2024, 10:31 am by shmedia
Chapter 13 Bankruptcy: Chapter 13 bankruptcy involves a repayment plan where you can keep your property while making payments to creditors over a specified period (usually three to five years). [read post]
24 Jan 2024, 8:24 am by Richard West
Chapter 13 Bankruptcy: Filing for Chapter 13 bankruptcy usually takes 3 to 5 years to complete. [read post]
20 Jan 2024, 3:47 am by Darin Swayne
To sum up the process of Chapter 7 bankruptcy: The bankruptcy trustee may liquidate non-exempt assets to repay creditors. [read post]
19 Jan 2024, 2:11 pm by LawGina
  A Chapter 13 might be an option if you have gambled since you are trying to pay creditors back to some extent. [read post]
19 Jan 2024, 2:11 pm by LawGina
  A Chapter 13 might be an option if you have gambled since you are trying to pay creditors back to some extent. [read post]
17 Jan 2024, 3:48 pm by jweil
The two most common types for individuals are Chapter 7 and Chapter 13. [read post]
12 Jan 2024, 1:15 pm by Richard West
Depending on your circumstances, they may suggest filing for either Chapter 7 or Chapter 13 bankruptcy. [read post]
10 Jan 2024, 7:52 am by Richard Symmes
Chapter 13 bankruptcy is also a good option for high income earners to consolidate their debts into a single payment while reducing interest paid down to between 7-10% (amount paid to a chapter 13 trustee), rather than paying very high interest on credit card debt while only paying the minimums. [read post]
5 Jan 2024, 9:24 am by Christie D. Arkovich, P.A.
  A Chapter 13 for instance will allow you to make one payment monthly, and the trustee is responsible for divvying that out to your various creditors. [read post]
30 Dec 2023, 10:27 am by Richard West
For Chapter 7 bankruptcies it typically remains on your credit report for ten years, while Chapter 13 bankruptcies stay on for seven years. [read post]
28 Dec 2023, 12:00 pm by Damon Duncan
The debtors must pay the chapter 13 trustee the amount set forth in their plan. [read post]
26 Dec 2023, 10:13 am by Richard West
Chapter 13 bankruptcy involves a repayment plan, allowing individuals to pay off their debts gradually.The restriction on filing for Chapter 13 bankruptcy sooner than the specified waiting period ensures that individuals have ample time to fulfill their repayment obligations while preventing them from abusing the system by repeatedly seeking similar relief. [read post]
19 Dec 2023, 6:00 am by Damon Duncan
Role of the Bankruptcy Trustee In a Chapter 13 bankruptcy case, the bankruptcy trustee plays a key role. [read post]