Tax Refunds in Chapter 13 Bankruptcy
As we explained in a previous blog, a tax refund is a refund on income taxes paid to the government when your actual tax liability… Read More »Tax Refunds in Chapter 13 Bankruptcy
Chapter 13 Bankruptcy
Do I Qualify for Chapter 13 Bankruptcy
Requirements to File Chapter 13 Bankruptcy To qualify for Chapter 13 you must be an individual person. A corporation or partnership cannot file Chapter 13… Read More »Do I Qualify for Chapter 13 Bankruptcy
Taxes Incurred During Chapter 13 Bankruptcy
Will my Chapter 13 case get dismissed for taxes incurred after my Chapter 13 case is filed? 11 U.S.C. Section 1305 – Filing and Allowance… Read More »Taxes Incurred During Chapter 13 Bankruptcy
Delaying or Stopping the Foreclosure Process
Foreclosure Process The Subprime Mortgage Crisis of 2008 was one of the worst financial crises of recent history. The shameful actions of the banking institutions… Read More »Delaying or Stopping the Foreclosure Process
What is the Bankruptcy Means Test
The Bankruptcy Means Test For bankruptcy purposes, the means test is a calculation that determines whether you qualify for a Chapter 7, a 3 year… Read More »What is the Bankruptcy Means Test
Chapter 13 Bankruptcy Overview
Chapter 13 Bankruptcy There are two main types of consumer bankruptcy cases. Chapter 7 and Chapter 13. Chapter 7, is generally considered liquidation. Meaning, the… Read More »Chapter 13 Bankruptcy Overview
The Chapter 13 Bankruptcy Plan
Chapter 13 Bankruptcy Plan Payment The Chapter 13 is a repayment plan. However, you do not necessarily have to pay back 100 percent of your… Read More »The Chapter 13 Bankruptcy Plan
Income Changes During Chapter 13 Bankruptcy
What if my income changes during Chapter 13? A common question while determining whether to file for Chapter 13 bankruptcy or during a pending Chapter… Read More »Income Changes During Chapter 13 Bankruptcy
Do I Qualify for Chapter 13?
How to Qualify for Chapter 13 When a person does not qualify for Chapter 7, Chapter 13 can be a great second option. Below is… Read More »Do I Qualify for Chapter 13?
Chapter 13 Benefits
Will Chapter 13 Benefit Me? Filing a Chapter 13 bankruptcy offers many benefits to a debtor who is overwhelmed with debt, but who owns assets… Read More »Chapter 13 Benefits
Chapter 13 Bankruptcy Process
What is the Chapter 13 Bankruptcy Process? The Chapter 13 bankruptcy process should always begin with a bankruptcy attorney. Debtors should consult with an attorney… Read More »Chapter 13 Bankruptcy Process
Assets in a Chapter 13 Bankruptcy
Your assets are all of the property that you own. An easy way to determine whether you own a piece of property is to review… Read More »Assets in a Chapter 13 Bankruptcy