Can I Keep My Home and File Chapter 13 When your debts become overwhelming, filing Chapter 13 bankruptcy can be a great way to relieve some of that debt burden and develop a plan to repay what you can afford over time.
Fact: Many Successful People Have Filed Bankruptcy There is an unfortunate and inaccurate stigma surrounding bankruptcy in the United States, one that has kept many people with significant debt from achieving lasting debt relief through bankruptcy.
Can Bankruptcy Stop Foreclosure? Receiving a foreclosure notice from the bank and worrying about losing your home can be stressful and confusing, and many people faced with foreclosure have no idea what to do and where to turn for reliable help.
When filing a Chapter 13 bankruptcy, a debtor will not lose any property (including your home) to the bankruptcy trustee. The filing also does not affect a debtor’s mortgage.
Every bankruptcy requires a bankruptcy trustee. But what exactly does a bankruptcy trustee do? What is a Bankruptcy Trustee? In every bankruptcy filing, an impartial “bankruptcy trustee” is assigned to the case.
Have you accumulated tax debt and are looking for a way to discharge it? Read on to learn about tax debt and what your options are when it comes to bankruptcy.
In yet another loss for brick-and-mortar retail stores, Pacific Sunwear has filed for Chapter 11 bankruptcy protection. It follows in the footsteps of retailers like Sports Authority and Wet Seal that have declared Chapter 11 over the past few years.
According to her IRS tax lien, rapper Iggy Azalea might owe the IRS $391,056.55. But before you jump to conclusions, we’ll discuss what a tax lien is, and how it might not portray the whole story of someone’s financial picture.
To qualify for a Chapter 7 bankruptcy in Arizona you will need to take the Arizona Means Test, during which your income is compared to the median income for a household of your size.