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31 Mar 2022, 1:08 pm
The payment resulted in a creditor receiving more than they would have received in a Chapter 7 bankruptcy proceeding in which the debtor had not made the payment. [read post]
30 Mar 2022, 5:30 am
However, while the debtor gets to keep all their property in a chapter 13 case, this is not always so in a chapter 7 case. [read post]
29 Mar 2022, 10:15 am
So even a non exempt home or vehicle can often be retained in a Chapter 13 Bankruptcy, where as that asset would likely have been required to be liquidated by the Trustee in a Chapter 7 Bankruptcy. [read post]
22 Mar 2022, 6:07 am
These payments must be made toward “antecedent” debts that had existed previously, and they must have allowed a creditor to receive a higher payment than what would have been made to them in a Chapter 7 bankruptcy. [read post]
18 Mar 2022, 2:00 am by jaxlawcenter
If you fail the Means Test, you may need to seek a Chapter 13 bankruptcy. [read post]
17 Mar 2022, 12:19 pm by Sader Law Firm
If they were to file a Chapter 7, those assets could be seized by a Chapter 7 Trustee. [read post]
17 Mar 2022, 12:08 pm by LawGina
You can get married, but if you do, your spouse’s income gets counted towards the means test and could put you into a Chapter 13. [read post]
17 Mar 2022, 6:13 am by Russell Knight
A chapter 13 bankruptcy can take from three to five years to resolve. [read post]
15 Mar 2022, 12:16 am by NWDRLF
Chapter 13 bankruptcy Unlike a Chapter 7 case, Chapter 13 bankruptcy allows debtors to restructure bills over three to five years; in some cases, they may pay less than what they owed. [read post]
9 Mar 2022, 4:11 pm by jaxlawcenter
The Chapter 13 trustee’s focus is on your household disposable income. [read post]
9 Mar 2022, 7:45 am by Damon Duncan
Second, you would request an official payoff from the Chapter 13 Trustee’s office. [read post]
4 Mar 2022, 8:22 am by Joshua Jacoby
Your bankruptcy filing fee: this is $338 for a Chapter 7 bankruptcy and $313 for a Chapter 13 bankruptcy. [read post]
28 Feb 2022, 7:51 am
The debtor did not make the required payments in a Chapter 13 repayment plan - In a Chapter 13 bankruptcy case, a repayment plan will be created in which a debtor will make monthly payments over a period of three to five years. [read post]
13 Feb 2022, 9:53 am by Robert Manchel
The responsibilities of a chapter 7 trustee are different than chapter 13 and chapter 11 trustee.The post Robert Manchel Video appeared first on New Jersey Bankruptcy Attorney - Robert Manchel, Esq. [read post]
11 Feb 2022, 1:33 pm by Chris Skelton and Kara Simon
A debtor who files under Chapter 13 generally can keep their property rather than having it liquidated by a trustee. [read post]
5 Feb 2022, 1:10 pm by jaxlawcenter
Most individuals and businesses file either chapter 7, chapter 11, or chapter 13 bankruptcy. [read post]
4 Feb 2022, 8:21 am by Cathy Moran
And, in reorganization chapters like 11 and 13, the debtor has the right to use the clawback powers that are given to a trustee. [read post]
31 Jan 2022, 9:51 am by Russell DeMott
Your non-exempt property must be given to the chapter 7 trustee, who will sell it and reimburse your creditors the proceeds. 5. [read post]