Tag Archives: bankruptcy

The difference between Chapter 7 and Chapter 13

By doug | Published: April 16, 2019

Chapter 7 or Chapter 13 Bankruptcy: What’s the Difference? When individuals file for bankruptcy, one of the first choices they must make is under which chapter of the Bankruptcy Code to file their case. In general, individuals choose to file either under Chapter 7 or Chapter 13. Each of these chapters provides its own set of rules […]

Posted in Chapter 13, Chapter 7 | Also tagged , | Comments closed

All about bankruptcy discharges:

By admin | Published: April 10, 2019

During the 12-month period that ended September 30, 2018, more than 760,000 Americans filed for bankruptcy under Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code. These Americans were facing seemingly insurmountable debts, but the bankruptcy process offered them a way out. The way bankruptcy does so is through the discharge, a court order that terminates a […]

Posted in Chapter 13, Chapter 7 | Also tagged | Comments closed

Bankruptcy and inheritance

By doug | Published: April 9, 2019

When a bankruptcy debtor inherits money from someone who dies within 180 days of the date the debtor filed bankruptcy that money becomes part of the debtor’s bankruptcy estate. The inherited money that becomes part of the bankruptcy estate is used to pay your creditors. This is true even if you have received a discharge and your […]

Posted in Uncategorized | Also tagged | Comments closed
Call now: (978) 975 - 2608