Chapter 13 Bankruptcy

The Benefits of Chapter 13 Bankruptcy
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The Benefits of Chapter 13 Bankruptcy

When you are in financial hot water, there are solutions - including debt consolidation, reverse mortgages, and bankruptcy. Regarding bankruptcy, there are several options including Chapter 7, Chapter 11, and Chapter 13 bankruptcies. While there are pros and cons to each type of bankruptcy, this blog focuses on the benefits of a Chapter 13 bankruptcy. The Basics Before diving into [...]

Karina Lucid2022-10-04T16:04:53+00:00Chapter 13, Chapter 13 Bankruptcy|

What is Chapter 13 Bankruptcy?
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What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy, also known as the wage earner’s plan, is a debt relief option available to debtors who don’t qualify for a Chapter 7 bankruptcy or want to be able to keep their home and car in bankruptcy. It’s the bankruptcy option for individuals whose main issue is not a lack of income, but meeting the demands of the [...]

Karina Lucid2022-10-04T16:05:01+00:00Chapter 13 Bankruptcy|