Tag Archives: Bankruptcy
Can creditors still contact me after I have filed a bankruptcy?
The constant reminder of your financial difficulties is not only annoying, but can cause severe stress and anxiety. One of the many benefits of bankruptcy, whether filing a chapter 7 bankruptcy or a chapter 13 bankruptcy, is that something called … Continue reading
722 Redemption: A Valuable Chapter 7 Bankruptcy Tool
Many times consumers are overwhelmed with car loans in which they owe more than the actual value of the car. One benefit of a chapter 7 bankruptcy is Section 722 of the United States Bankruptcy Code which offers consumers an … Continue reading
The Jurisdictional Limits in a Chapter 13
Chapter 13 bankruptcy is the only chapter of bankruptcy that has limits on the amount of debt an individual can have to qualify. Section 109(e) of the U.S. Bankruptcy Code establishes specific debt limits and limits chapter 13 bankruptcy to … Continue reading
Protecting Your Retirement Accounts in a Bankruptcy
There is a common misconception among many individuals that are considering filing bankruptcy. Many people are under the impression that they will lose all or a portion of the money in their retirement accounts once they file a bankruptcy. This … Continue reading
Chapter 13 Bankruptcy Can Save Your Home from Foreclosure
A chapter 13 bankruptcy is typically a repayment plan; however, a chapter 13 bankruptcy offers many options that a chapter 7 bankruptcy does not. One of those options is saving a home from foreclosure. In a chapter 7 bankruptcy, the … Continue reading
Advice for Homeowners Facing Foreclosure
When faced with the thought of losing your home, many concerns and questions may pass through your mind. How can I stop this? Will my house be sold? Can I save my home? – These questions are normal. The foreclosure … Continue reading
