You can reduce your vehicle payment in Chapter 13 bankruptcy by lowering the interest rate on a newer auto loan or reduction of the balance on an older loan.
A 100 percent Chapter 13 plan is a court-supervised repayment plan suitable for high income earners or people with assets of high value.
To continue a trustee sale of your home and avert a foreclosure, you must file a Chapter 13 bankruptcy and propose a payment plan that brings your loan current.
The main difference between Chapter 7 and 13 is that Chapter 7 bankruptcy does not require payments and Chapter 13 bankruptcy involves a repayment plan.
Bankruptcy in San Diego can help you get out of debt and get a fresh start by getting rid of your debts in a Chapter 7 or Chapter 13 case.
In determining which type of bankruptcy is right to file, consumers should consult with a San Diego debt relief attorney regarding their options.
To be eligible for a Chapter 13 filing in San Diego, you must meet various legal requirements, and will need the guidance of an attorney.
To determing if you should file Chapter 13 bankruptcy in San Diego, talk to a San Diego bankruptcy attorney about the benefits and protections of Chapter 13.
As a high income earner, you can make too much money to be able to file bankruptcy under Chapter 7 and eliminate all of your debts.
Preparing the perfect plan that will be approved by the court takes the skill of a bankruptcy lawyer who is a Chapter 13 specialist.
When you file under Chapter 7, you usually make a single appearance before a trustee, not a judge, and you might make 2 or 3 appearances in a Chapter 13 case.