The goal of most bankruptcy cases, be they of chapter 7 or chapter 13 variety, is a reduction in debt. Reduction of debt occurs in a bankruptcy at the end of the successful case and is called a ...
The bankruptcy automatic stay or simply the “stay” from here on out, is a Court Order that becomes effective on the date of the bankruptcy filing that protects the bankruptcy filer from most creditor ...
The most basic definition of “chapter 13” is that it is that chapter in the Federal Bankruptcy Code that allows a debtor to pay back all or at least a part of his or her debts under the supervision of ...
Statistics from the U.S. Bankruptcy Court of Arizona show that there was a substantial jump in filings between 07 and 08. Statewide total filings were 10,570 in 2007 and 19,147 in 2008. It is widely ...
For those with serious financial problems, a chapter 13 bankruptcy may be the best solution. Chapter 13 bankruptcy benefits are relatively unknown and are often misunderstood. Some of these potential ...
