To demystify how Chapter 13 works, see how a relatively straightforward one pencils out.
Think long and hard before filing a Chapter 13 “adjustment of debts” case together with your spouse if your marriage won’t outlast it.
When it’s smart to file a 3-to-5-year Chapter 13 case to prevent a home foreclosure and be able to keep it permanently, or to sell it later.
Do you absolutely need to keep your vehicle, but can’t afford the monthly payments? See if you qualify for a “cramdown.”
Considering the length of a Chapter 13 case, and also its many advantages, you need to know what it takes to successfully finish it.
You almost never attend the “confirmation hearing,” it may take only a few minutes, but it’s crucial because there your plan gets airborne.
The “meeting of creditors” is for finding any kinks in your payment plan, and hopefully straightening them out.
Just because you owe income taxes, that doesn’t necessarily make your bankruptcy case complicated.
If you’re filing an “adjustment of debts” Chapter 13 case, what choices do you have about your income tax refund?
In Chapter 13 the trustee is a gate-keeper, overseer, and payment distributor. Quite different than in Chapter 7.