Bankruptcy Options: Chapter 7 or 13?
Both bankruptcy options offer a fresh start to those struggling with debt - but there are significant differences between Chapter 7 and Chapter 13.
Both bankruptcy options offer a fresh start to those struggling with debt - but there are significant differences between Chapter 7 and Chapter 13.
Everyone's' financial situation is different, and people choose bankruptcy for many reasons - here are a few of the most common.
Most bankruptcies will remain on a credit report for seven or ten years, depending on the type of bankruptcy filing. There are two ways that a bankruptcy can be removed.
How much will the monthly Chapter 13 payment be, and how long will the payment plan last? Here are all the details you need to know.
Many people worry that they can't achieve homeownership after bankruptcy, but there are ways for those who are rebuilding to reach this goal.
Many lenders are willing to work with their customers to avoid repossession if they believe payments will resume in the near future.
If you have experienced a significant income reduction, you may petition the court to modify your child support agreement.
Child support is a "priority debt" that receives distinct treatment in the bankruptcy process. It is paid off first if funds are available.
Family law mediation is a voluntary, non-adversarial process in which a trained mediator assists the two parties planning to divorce.
Given the current economic conditions, HOA fees are often among the obligations the homeowner has difficulty paying.