Basic Rules about Business Bankruptcy
If your business needs bankruptcy help, getting it done might not be much harder than a personal bankruptcy. But it depends on how your business is set up and how much you owe. A few blogs ago I said that I would soon explain some of the most important benefits of filing a business […]
Chapter 13 Conquers Both Older and Newer Income Taxes
If you owe a number of years of income tax debt, Chapter 13 allows you to favor those taxes that have to be favored, while dumping the taxes that can be dumped. In my last blog I gave an example showing how Chapter 13 can be an extremely good way to handle income tax debts […]
Chapter 13 Tames Your Income Tax Monster
A “straight” Chapter 7 can write off some income taxes. But if you owe recent taxes, or multiple years of taxes, Chapter 13 is usually a much better way to go. It often provides tremendous advantages over both Chapter 7 and dealing with the IRS on your own. I’ll illustrate this with an example, and […]
The Costs and Benefits of Surrendering Collateral in Chapter 13
Chapter 13 buys you flexibility when you want to keep your home or vehicle, but might need to surrender it after all. But it’ll cost you.
Power to Keep Your Vehicle, Appliances, and Other Collateral
If you want to hold onto your vehicle, or other collateral, Chapter 13 makes it happen.
Power to Preotect Your Home Against Your Mortgage Lender and Lienholders
If you want to hold onto your home, Chapter 13 gives you many extraordinary advantages.
Chapter 13 Turns the Power of the “Automatic Stay” into a Superpower
If Chapter 7 strengthens your hand against your secured creditors, Chapter 13 turns you into Superman. It starts with a much more robust “automatic stay.”
Another Five Ways to Save Your Home through Chapter 13
In my blog last Thursday I gave you the first five of ten big ways that Chapter 13 allows you to keep your home. Here are the other five. 6. If you need to sell your home, Chapter 13 usually gives you much more time to do so than a Chapter 7 case. More […]
Ten Ways to Save Your Home through Chapter 13
In my experience the number one reason people choose to file Chapter 13 instead of Chapter 7 is to save their home. And it’s not just because it gives you a bigger hammer against your mortgage company. It gives you a hammer, but also a whole bunch of other tools. Some are more subtle but […]
Qualifying for the Tremendous Tools of Chapter 13
You may want the fast fresh start of a Chapter 7 case, but sometimes your circumstances scream out for a Chapter 13 instead. It’s true—for some people Chapter 13 provides some tremendous tools not available under Chapter 7. Now all you have to do is qualify for it. Qualifying for Chapter 13 is completely […]