Can chapter 13 be used to save an inherited home from foreclosure when the deed has not yet been transferred to you? The answer is yes.
Protecting Inherited Property in Bankruptcy Even Before Receiving Deed
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Bankruptcy Law
What assets can someone keep during a bankruptcy filing?
Thankfully, people can protect most or all of their property from sale during even Chapter 7 proceedings.
Why debt consolidation isn’t always the best solution
While they seem beneficial on paper, consolidation loans can often do more harm than good.
Is someone eligible to file for bankruptcy after a prior filing?
The length of that waiting period depends on the type of bankruptcy they filed before and the type of bankruptcy they want to file this time.
JOHNSON AND JOHNSON SUBSIDIARY FILES FOR CHAPTER 11 AGAIN
LTL Management LLC, a subsidiary of Johnson and Johnson, filed a Chapter 11 in the United States Bankruptcy Court for the District of New Jersey in Trenton New Jersey on April 4, 2023.
BANKRUPTCY INCOME LIMITS INCREASE ON APRIL 1, 2023
the court wants to see if the person filing bankruptcy has the means to pay something back to the creditors. To do this, the court compares the debtors income to the average income of a family the same size as the debtor that lives in the same state as the debtor
Can Student Loans be Discharged in Bankruptcy?
Can student loans be discharged in Bankruptcy? The answer is sometimes. Different factors come into play such as is the student loan federal or private, is there a hardship, what type of institution the student attended and for what purpose was the money used.
Is a need to file for bankruptcy your fault?
If you find yourself facing overwhelming debt and you’re considering using bankruptcy to get out of it, are you the one who put yourself in this position? Probably not.
Increasing Bankruptcy Expense Limits Under the Means Test
Even if your income and expenses, with this add-on, still results in the need to file a chapter 13 and pay something to your creditors, your payments will be less than they would have been
5 common questions about bankruptcy
If you’re struggling with overwhelming balances on your credit cards and other debts, know that filing for bankruptcy may be able to help you regain your financial footing. Many people used to be afraid of bankruptcy because it was attached to a stigma. Thankfully,...
