Bankruptcy Filings Down In 2012 While Chapter 13 Up
Overall in 2012, bankruptcy filings are down a little over 14% across the nation, while chapter 13 bankruptcy filings are up. Bankruptcy data collected for the 2012 year suggests that bankruptcy...
View ArticleUnder Funding a Chapter 13 Bankruptcy Plan
A chapter 13 bankruptcy is for wage earners who make a reorganization plan of their existing disposable income to fund payments over a 3 or 5 years to pay off all or a part of their unsecured debts....
View ArticleThe Best Interest of Creditors in Bankruptcy Law
Unless you are in the business of lending money to others, most of you might not think there is such a thing as a best interest of creditors, even when it comes to bankruptcy. The truth is that...
View ArticleWhat Happens if You are Slightly Over the Means test?
The means test was devised by Congress in the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act to help protect creditors from abuse by debtors whom formerly had filed bankruptcies in a...
View ArticleFour Solutions When a Chapter 13 Bankruptcy Plan Goes Astray
It has been said that the better laid plans of mice and men can often go astray. Filing a chapter 13 bankruptcy plan does not always guarantee success, even when you have legal expertise in your...
View ArticlePercent Payback in Chapter 13 Bankruptcy Filing
A man on a bankruptcy forum website recently submitted a blog containing a theoretical scenario about percent payback in a chapter 13 bankruptcy filing. Percent payback in a chapter 13 plan is the...
View ArticleSimiles Used in the Language of Bankruptcy
Word usage in the legal world of judicial bankruptcy jargon is very important to both sides of an issue. Similes used are just another way Americans use the English language to facet their...
View ArticleBankruptcy filings down for fourth straight year
According to a new Fitch Ratings reports, personal bankruptcy filings, including Chapter 7 and Chapter 13 bankruptcies, have had four straight years of declines. Personal bankruptcy filings fell an...
View ArticleCan I file a second bankruptcy if I filed in 2003?
If you have filed bankruptcy before and are now facing another financial crisis you might wonder if it is possible to file a second bankruptcy. Although there are no regulations about the number of...
View ArticleHow will bankruptcy affect a lawsuit?
After you submit the bankruptcy petition the court will initiate an automatic stay which will stop creditors from continuing their debt collection efforts, this includes ongoing credit card lawsuits....
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