If you have found yourself here on this blog, chances are good that your financial situation is dire. If you are considering filing for Chapter 13 bankruptcy, you should understand the pros and cons. First, the pros.-- You get longer to repay your debts. -- As long as...
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Chapter 13
What do I need to know about filing for Chapter 13 bankruptcy?
If your debts have become unmanageable, but you want the opportunity to pay off your reorganized debts, filing for Chapter 13 bankruptcy may be your best option.Debtors are required to seek credit counseling before they are allowed to file their bankruptcy petition....
Is Chapter 13 bankruptcy an option for you?
If your debts have become truly unmanageable, you may want to consider filing for Chapter 13 bankruptcy. Sometimes referred to as a wage earner's plan, Chapter 13 allows individuals who have a steady income to come up with a repayment plan for a portion or all of...
What are the advantages of filing Chapter 13 bankruptcy?
If you have decided to file for bankruptcy, you may realize that Chapter 13 is the better option for you. Below are some of the advantages of choosing this type of filing over the others.By filing Chapter 13, you can protect your home from foreclosure, stopping the...
50 Cent close to finalizing his Chapter 11 bankruptcy process
Rap superstar 50 Cent is inches away from finalizing his bankruptcy. The rapper filed a tentative bankruptcy agreement that requires approval from the court. In the agreement, he agreed to settle his debts with creditors for $23.4 million. In order to meet these...
Chapter 13 and Chapter 7 proceedings for residents of Toms River
The decision of whether to enter into bankruptcy proceedings is a difficult one to make, but with the help of an experienced New Jersey bankruptcy attorney, Toms River residents can evaluate whether or not bankruptcy is right for them from both a legal and financial...
Why would I want to pursue Chapter 13 bankruptcy for my home?
Chapter 13 bankruptcy certainly comes with a lot of benefits -- not the least of which is the power to stop foreclosure proceedings from moving forward. This article will discuss Chapter 13 proceeding and some of the most important benefits that people suffering from...
What happens when you are late on a Chapter 13 payment?
Chapter 13 bankruptcy is a great way to resolve unpaid bills that have gotten so out of hand that they are impossible to catch up on. However, it is also possible to get behind on your Chapter 13 structured payments after they have been approved by the bankruptcy...
Chapter 13: Let’s get those bills taken care of!
Are you struggling to pay your bills and not sure how you will ever find your way out of debt? At [nap_names id="FIRM-NAME-2"] Jr. & Associates, we know exactly what you are going through because we help people in this situation every day of the week.Depending on...
Is Chapter 13 bankruptcy right for you?
If you are going through tough times, filing for bankruptcy might be the best option to stop foreclosure, keep your car, your property, pay back taxes and repay debt. Though some in the New Jersey area may not fully understand what it means to file for bankruptcy,...