Court for Bankruptcy the Meeting of Creditors

Court for Bankruptcy the Meeting of Creditors Many people who file for bankruptcy are concerned about the process and often ask “do I have to go to court?”   The answer to this question is:  Yes if you file bankruptcy  you … Read full article

Bankruptcy Trustee – Chapter 7 and Chapter 13

When a person files bankruptcy there are two (2) Trustees involved in the bankruptcy process. One is the United States Trustee who is employed by the United States Department of Justice, and the other is a local attorney appointed by the bankruptcy court to oversee the bankruptcy proceedings and protect the creditors.

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What is the Difference between Chapter 7 and Chapter 13 bankruptcy? (Part 2)

What benefits are available when filing a Chapter 13 bankruptcy? Chapter 13 bankruptcy replaces your original obligation to pay debts with a repayment plan which you submit to the Bankruptcy Court for approval. One benefit is that the interest and fees on unsecured debt (credit cards and the like) stops at the moment of filing.

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What is the difference between Chapter 7 Bankruptcy and Chapter 13 Bankruptcy?

Has your debt overwhelmed you? Maybe you lost your job, or have suffered a loss of income some other way? Perhaps, your Adjustable Rate Mortgage has skyrocketed with no end in sight? Before you decide on the option that is right for you, you ought to consult with an attorney about the available options including bankruptcy.

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