Chapter 13 Bankruptcy

The Exemptions That Fall Under Federal Bankruptcy

Call: 888-297-6203 As per the rules of a few states, you are permitted to use the Federal Bankruptcy exemptions rather than the States exemptions. This completely depends on the state that you belong to- Bankruptcy This article will guide you – Name of states that allow you to select federal bankruptcy exemptions The permissible limit under federal exemptions Where to look for your States Exemptions Can you use the Federal Bankruptcy Exemption? At present, only a few states permit the filers to choose between state or federal bankruptcy exemptions. However, you must select only 1 and not both. [...]

2025-08-13T04:44:45+00:00

All That You Need To Know About Types Of Creditor Claims In Bankruptcy

Call: 888-297-6203 It is important to understand your creditors and under what categories which debts will go when you file for bankruptcy. Since this is the basic foundation when you file – you need to disclose as well as classify all your debts. Classification is generally as Secured debts and unsecured debts. The unsecured debts are further classified into priority and Non-priority. How to List Creditors Claims Once you file and complete the official paperwork, your bankruptcy case is registered in court. The official paperwork comprises of – Cover document also called the petition. It is in the [...]

2025-08-13T04:41:09+00:00

Basics Of Bankruptcy

Call: 888-297-6203 If you planning to file for bankruptcy, the first and foremost step is to understand what bankruptcy is and the details about it. It is important for you to know the in and out before you plan to go ahead with it. Here, you will find all the details that you need to know about bankruptcy- Types of bankruptcy Difference between Chapter 7 and Chapter 13 Under what circumstances should you file for which Chapter Exemptions that you can or cannot get The various tests for qualifying for each chapter However, if you decide on going [...]

2023-04-14T08:53:42+00:00

Effect Of Bankruptcy On Your Credit

Call: 888-297-6203 People contemplating bankruptcy filing are often worried about how it will affect their credit score. However, if your credit is already underwater, bankruptcy would not significantly affect it. In fact, it may help you improve it in the long run. People with good credit scores might see a huge drop in the same after filing for bankruptcy. Though the bankruptcy chapter does not make much difference in your credit score, some creditors might consider you a better credit risk if you filed for bankruptcy under chapter 13. This is because you repaid some of your debts [...]

2025-08-11T04:16:18+00:00

All You Need To Know About Bankruptcy Exemptions

Call: 888-297-6203 When you file for bankruptcy, the prima facie focus is on the exemptions that you can get under Chapter 7 and Chapter 13. Hence, these play a very significant role in both Chapters. Chapter 7 – Under this Chapter, based on the exemption applicable, you get to keep or surrender your assets and property. Chapter 13 – However, under this Chapter, based on the exemption you get, you are liable to pay your unsecured debts to the creditors. If you are looking to benefit from the exemptions and get a better chance at it, it is [...]

2025-08-21T13:26:57+00:00

Can You Keep Your Property If You File For Bankruptcy Under Chapter 13?

Call: 888-297-6203 Yes, if you file for bankruptcy under chapter 13, you can keep all your Property by paying a certain amount for it. This means you can either protect or get an exemption on a percentage of equity on your property to maintain your home as well as your job. In fact, you can even keep your non-exempt property (eg Boat, a luxury item, card collection) from being surrendered if you agree to pay for it through your Chapter 13 Repayment Plan. You can also protect your property which is on collateral. But for that, you must [...]

2025-08-12T11:47:25+00:00

While Filing For Bankruptcy Which Items Are Protected Through Exemptions?

Call: 888-297-6203 Exemptions form an important part of the bankruptcy proceedings as you can protect your property (home, car, pension, personal property, etc.) using them. Any non-exempt property you have can be taken by the trustee and sold to pay your unsecured creditors in chapter 7 bankruptcy. in case of chapter 13, you can even keep your non-exempt property if you pay your creditors an amount equal to the value of the non-exempt property. Before filing for bankruptcy, it is important to find out about the state exemptions, according to Dallas based law firm. Which bankruptcy exemption should [...]

2025-08-06T07:55:23+00:00

Finding An Insolvency Lawyer In Maricopa, Arizona Can Be Easy With The Assistance

Call: 888-297-6203 Constant arguments with your better half can build up stress in your life which can result in sleepless nights. Most of the time arguments are due to money problems. If you are unable to pay your debts, you might end up losing your home, car, or other property due to repossession or foreclosure. This might affect your family life as well as your kid’s future. If that is the situation, you need to take charge and look for an experienced bankruptcy lawyer in Maricopa, Arizona who specializes in debt consolidation and bankruptcy. Find out more about [...]

2025-08-12T12:06:55+00:00

Insolvency Attorney Suggestions In Avondale, Arizona

Call: 888-297-6203 Monetary issues can split your family. If you are finding it difficult to pay back your debts and are constantly short on cash, it is time to look for experts. Constant quarreling with your spouse can cause immense tension and sleepless nights, which can ultimately affect your health. Even your kids’ future can be in jeopardy if you end up losing your home, car, or other property due to foreclosure or repossession. An experienced bankruptcy law firm in Avondale, Arizona can help you through this rough patch. The best way to do research on bankruptcy lawyers [...]

2025-08-12T12:08:30+00:00

Hire A Personal Bankruptcy Attorney In Peoria, Arizona To Get Rid Of Your Debts

Call: 888-297-6203 If you are fighting with your spouse regularly and are unable to sleep properly at night, it is time to seek support. If you fear losing your vehicle house or other possessions due to foreclosure or repossession, you need to look for experienced bankruptcy lawyers in Peoria, Arizona. Since bankruptcy laws vary from state to state, it is important that you look for a local insolvency law firm that specializes in debt consolidation and bankruptcy filing. However, finding one can consume a lot of time, unless you have help. Investigate bankruptcy lawyers before hiring them You [...]

2025-08-12T12:09:46+00:00
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