It's unlikely that you will choose to file for Chapter 11 bankruptcy. Most people file for Chapter 11 only because they do not qualify for Chapter 7 or Chapter 13 bankrupcy. Chapter 11 is a more complicated chapter and therefore attorney's fees are significantly...
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Month: May 2019
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NEW DEBT LIMITS FOR CHAPTER 13 BECAME EFFECTIVE APRIL 1, 2019
Individuals have several options when filing bankruptcy. Chapter 13 is often preferred for individuals with regular income who wish to keep their homes that have equity and other secured assets. In a Chapter 13 filing, the court will approve the debtor's three to...
The Threat of Foreclosure
The threat of foreclosure can be an incredibly unnerving experience. Despite your best efforts, you have been unable to keep up with your mortgage payments, which has led to the stress of phone calls, notices, and threats that you will lose your home. And to make...