The Trustee in Chapter 13
In Chapter 13 the trustee is a gate-keeper, overseer, and payment distributor. Quite different than in Chapter 7.
The Goal of Bankruptcy: the Discharge of Your Debts
Most—but not all—debts are written off, or “discharged,” in a bankruptcy case. Is there a simple way to know what will and what will not
The Trustee in Chapter 7
In bankruptcy you hear a lot about “the trustee.” What does this person do, in a “straight” Chapter 7 case, and in an “adjustment of debts” Chapter 13 one?
“Automatic” Protection from Your Creditors
Many bankruptcy attorney ads say: “Stop garnishments.” “Stop foreclosures.” “Stop repossessions.” So bankruptcy stops all those bad things. But is it as good as it
The “Automatic Stay” in Chapter 7 vs. Chapter 13
Chapter 7 often protects you from creditors well enough. But if need be, Chapter 13 protects you longer.
If Your Business is Eligible to File Bankruptcy, Should It Do So?
If your business has failed or is about to, it does NOT likely need a bankruptcy. But YOU personally might.