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7 Aug 2023, 7:21 pm
Section=Disaster_Resources_for_Attorneys&Template=/CM/ContentDisplay.cfm&ContentID=42610 https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-7-bankruptcy-basics https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-13-bankruptcy-basicsRead More [read post]
31 Jul 2023, 5:42 pm
The most common chapters are Chapter 7 and Chapter 13, each with its eligibility criteria and benefits. [read post]
31 Jul 2023, 4:50 pm
Whether you are considering Chapter 7 or Chapter 13 bankruptcy, this article will help you gain a clearer understanding of the process ahead. [read post]
28 Jul 2023, 4:12 am
Whether it’s Chapter 7 or Chapter 13 bankruptcy, understanding the role of the trustee is essential. [read post]
26 Jul 2023, 11:39 pm
Chapter 7 is for those who wish to erase their debts, whereas Chapter 13 is for those with a regular income who want to repay. [read post]
24 Jul 2023, 4:56 am
However, it’s important to note that objections from creditors are relatively rare in Chapter 13 cases. [read post]
22 Jul 2023, 10:28 am
There are two main types of bankruptcy for individuals: Chapter 7 and Chapter 13. [read post]
19 Jul 2023, 4:34 am
Moving Forward in the Bankruptcy Process: After the 341 meeting, the bankruptcy process continues according to the specific chapter of bankruptcy (e.g., Chapter 7 or Chapter 13). [read post]
17 Jul 2023, 4:25 am
Generally, Chapter 13 plans last for three to five years. [read post]
14 Jul 2023, 4:18 am
Creating a Repayment Plan: In Chapter 13 bankruptcy, you work with a bankruptcy trustee to create a repayment plan tailored to your income and financial situation. [read post]
12 Jul 2023, 4:57 am
Trustee Program’s website or your local bankruptcy court. [read post]
5 Jul 2023, 1:28 pm
Chapter 13 Bankruptcy: Repayment Plan If you do not qualify for Chapter 7 bankruptcy or have non-exempt assets that you want to keep, Chapter 13 bankruptcy may be an option for you. [read post]
2 Jul 2023, 1:14 pm
With these changes, I would anticipate an increase in chapter 7 liquidation filings when compared to chapter 13 repayment plan filings, as many debtors who did not want to lose an asset would file chapter 13 bankruptcy to pay liquidation value of a particular asset that was at risk of being lost to a chapter 7 trustee. [read post]
1 Jul 2023, 10:22 am
There are two main types of bankruptcy that individuals typically file: Chapter 7 and Chapter 13. [read post]
30 Jun 2023, 10:19 am
The court explained that the court, the Chapter 13 trustee, and the creditors relied on the debtor’s original position when they confirmed the debtor’s plan. [read post]
30 Jun 2023, 8:42 am
In the Chapter 13 Trustee’s Final Account they paid the POC principal PLUS interest. [read post]
22 Jun 2023, 5:46 pm
Inaccurate information can lead to assets being unnecessarily liquidated in Chapter 7 or payments being inflated in Chapter 13. [read post]
22 Jun 2023, 3:33 pm
The most common types are Chapter 7 and Chapter 13 for individuals, and Chapter 11 for businesses. [read post]
21 Jun 2023, 4:56 am
Court of Appeals for the Tenth Circuit in holding that a Chapter 13 trustee is not entitled to a percentage fee of plan payments as compensation for her work in a Chapter 13 case when the case is dismissed prior to confirmation. [read post]
20 Jun 2023, 6:00 pm
Chapter 13 Bankruptcy In a Chapter 13 bankruptcy, you’ll make monthly payments to a trustee for 3 to 5 years. [read post]