If a court approves your Chapter 13 bankruptcy filing, you will have three to five years to complete a repayment plan that will pay off a significant amount of your debts. But you may wonder if you should try to complete your bankruptcy ahead of schedule. Since...
Month: July 2021
Exempt assets under bankruptcy law
If you are planning on filing for Chapter 7 bankruptcy, you may be wondering if you get to keep any of your assets or if you have to give up everything. Fortunately, there are some assets that the court considers to be exempt, which means you can hold on to them....
What assets can I keep after filing Chapter 7 bankruptcy?
If the fear of losing assets is preventing you from filing for Chapter 7 bankruptcy while keeping you drowning in debt, it may be time to reconsider the facts. Many people avoid filing for bankruptcy due to the common misconception that it will automatically lead to...
You have some options for handling repossessions and foreclosures
With houses, cars and other items seemingly costing more than ever, it may be impossible for you to pay cash for major purchases. Fortunately, if you have a good credit score and meet other requirements, you may qualify for a mortgage, car loan or personal line of...
