Attacking Your Debts with Chapter 7 vs. with Chapter 13
Chapter 7 deals with some debts better than does Chapter 13. But Chapter 13 deals with some other debts better than Chapter 7. So what kind of debts do you have?
The Chapter 13 Debt Limits
Too much debt can disqualify you from filing under Chapter 13.
Keeping Vehicles That You Owe On in a Chapter 7 Bankruptcy
Chapter 7 is the take-it-or-leave-it bankruptcy when it comes to your vehicle with a loan against it. In most cases you either keep on making the payments or you surrender the vehicle, nothing much in between. To be clear I’m talking here about a vehicle that you owe on, with the lender as a lienholder […]
I Make Too Much for Chapter 7, Owe Too Much for Chapter 13, So Now What Do I Do?
If you don’t qualify for either Chapter 7 or 13, do you have to do a very expensive Chapter 11 reorganization? Or could you still qualify after all?
Advantages of Chapter 13 After Stopping Repossession of Your Car or Truck
Straight Chapter 7 bankruptcy gives very limited help if you’re behind on your vehicle and need to keep it. And Chapter 13? Provides much more help.
Worried about Getting Your Car or Truck Repo’d? How Bankruptcy Could Help
Bankruptcy stops a vehicle repo from happening. But what then?
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.
Are Paying Debts a Moral Obligation?
Yes, you have a moral obligation to pay your debts. But do you have higher moral obligations to release yourself from those debts?
Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?
If you are buying something on time and want to keep it, you often can do so for less money IF you bought it more than a year ago.
Keeping Your Wheels in Bankruptcy
Under Chapter 7, you can pay your vehicle loan mostly by getting rid of all or most of your other debts. Under Chapter 13, you can pay your vehicle loan ahead of most of your other creditors.