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Are You Eligible for Chapter 13 Bankruptcy?

To file for Chapter 13 bankruptcy, petitioners must meet the requirements. Chapter 13 bankruptcy allows debtors to keep their property and repay creditors using a three- or five-year court-approved repayment plan. According to the requirements of Chapter 13 under the bankruptcy code, debtors hoping to file for Chapter 13 bankruptcy must meet specific criteria. 

To File for Chapter 13 Bankruptcy, You Must:

  • Not Be

More Seniors are Turning to Bankruptcy for Debt Relief

When we’re young, we think of retirement as a time to relax, kick our feet up and enjoy the rewards of life or hard work. Sadly, there is a growing trend of retired seniors forced to deal with increased living expenses and decreased income spending retirement by turning to the protections of bankruptcy.

Why Are More Seniors Turning to Bankruptcy?

Seniors are More Leveraged:


Purchasing a Home After Bankruptcy

After you file for bankruptcy, you receive a fresh financial start, but the new beginning doesn’t come without any consequences. Bankruptcy does hurt the filer’s credit report that will stick around for years after the date of the discharge of debt. Depending on the type of bankruptcy you file, the bankruptcy can stay on your credit report for up to ten years. But you don’t …


5 Tips for Recovering After Bankruptcy

Did you recently file for bankruptcy? Are you worried about your credit? Many bankruptcy filers are surprised by how quickly they can get started repairing their credit after bankruptcy. Rebuilding your credit after bankruptcy is not easy, but it can be done.

Tips for Recovering After Bankruptcy:

  1. Use Credit. This seems counterintuitive. You just filed bankruptcy and discharged your debt. Many instinctively want

What to Know When Filing for Bankruptcy

You may have decided that you need to file for bankruptcy, but that doesn’t mean that it isn’t scary. If you find yourself fearing the process, remember that bankruptcy laws are there to protect you. You have options even in the midst of impossible financial trouble. Once you’ve decided to file bankruptcy, the process is fairly straight forward.

What Type of Bankruptcy? Once you decide …

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