What is Nonexempt Property in Bankruptcy?
When one mentions “bankruptcy” the first that comes into mind is losing everything you worked hard to earn. After all, there is nothing more devastating than having your hard-earned assets taken away. However, this isn’t
What is the Average Monthly Payment for a Chapter 13 Bankruptcy Case?
Chapter 13 Payment Schedule People who are planning to file for bankruptcy often choose between the liquidation or reorganization bankruptcy procedure. If you wish to secure your assets while paying the debts you owe, declaring
Chapter 13 Bankruptcy: Are you Qualified?
Qualifying for a Chapter 13 Bankruptcy Under a Chapter 13 bankruptcy, a debtor settles their loans from creditors in full or in part by using a three to five-year payment plan. If you currently have
Can Chapter 13 Bankruptcy Be Denied?
Different bankruptcy chapters apply to different circumstances, each with specific bankruptcy rules that must be taken into account. If you wish to repay your debts without surrendering your assets, a Chapter 13 bankruptcy filing might
How long does Chapter 13 bankruptcy stay on your credit report?
Chapter 13 bankruptcy is usually removed from your credit report seven years after the filing date according to Experian, Equifax, and Transunion. If you need help filing bankruptcy in Mississippi, reach out to an experienced
An Overview of the Chapter 13 Plan
What is a Chapter 13 Repayment Plan? Only certain types of debts must be fully repaid in a Chapter 13 bankruptcy. One aspect of Chapter 13 bankruptcy that confounds many people is the payment plan.
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