Chapter 13 And Default On Payments
| A very significant prerequisite of Chapter 13 is that you make payments on the plan, and at times to other creditors. The Trustee is accountable to your creditors for gathering and dealing with your plan payments. More...
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Chapter 13 Bankcrupy Law
Chapter 13 bankruptcy is also known as a wage earner's plan. It allows persons with regular income to build up a plan to pay back all or part of their debts. In this chapter, debtors recommend a settlement plan to make installments to creditors over a period of three to five years. More...
How Are Judgments Handled In A Chapter 13 Filing
In Chapter 13 filing, the debtor needs to file a settlement plan with the appeal or within 15 days following the appeal is filed. This can only vary in case the court allows an extension. More...
How Will Filing Chapter 13 Effect My Credit
Chapter 13 is a restructuring arrangement. Under Chapter 13, the debtor pays some or all of the debts over a time of 3 to 5 years to the Trustee who issues the funds according to a plan accepted by the Bankruptcy Court.
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Will Filing A Chapter 13 Stop Home Foreclosure
Several bankruptcies are filed to prevent foreclosures. If the bankruptcy petition is filed before the day the real estate is sold, also in some cases within 10 days, the foreclosure can be prevented.More...
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