There are certain scenarios when your home mortgage is current and you’re dealing with other home-related debts that Chapter 7 works well. You’re current on your home mortgage payment, although you’ve been struggling mightily to keep it that way. You’re thinking very seriously about getting some financial help through bankruptcy. But you absolutely want to keep the home that … Read More
If you get behind on payments on your vehicle or home, in many different situations Chapter 7 buys you the time you need. In the last several weeks of blog posts we’ve given many examples of how bankruptcy can buy you time for your vehicle and for your home. Here’s a summary how a Chapter 7 “straight bankruptcy” filed … Read More
What happens if you file a Chapter 13 case to save your home but a year or two later your income goes way down?
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.
A simple Chapter 13 case can be filed to do ONE special thing better than a Chapter 7 one could do, or to do MULTIPLE things better.
Would you like to favor certain important creditors over others? Often, Chapter 13 makes this possible.
Bankruptcy protects your home. Both Chapter 7 and 13 do so, but which is better for you?