Blog: Chapter 13

A Basic Introduction to Personal Bankruptcy Under Chapter 13

Jun 26, 2020

Reorganizing your personal debts through bankruptcy filing If you’re one of the millions of Americans hurt economically by the coronavirus pandemic—whether due to temporary layoff or permanent closure of your company—you may be struggling to pay your mortgage, car payments, and other obligations. A personal bankruptcy filing can bring immediate relief from incessant phone calls and letters. To discharge debts under Chapter 7, you must submit to a means test, and if you qualify, you’ll...

Verdicts and Settlements in Bankruptcy Proceedings

Feb 29, 2020

Can a Personal Injury Award Be Used to Satisfy Creditors? When you can’t work due to an injury caused by someone else’s carelessness, you quickly can have significant problems meeting your financial obligations. In fact, it’s a frequent cause of personal bankruptcy filings. If you qualify for Chapter 7, you can permanently discharge some ofyour debts in exchange for turning over non-exempt assets to the bankruptcy court, to be used to satisfy your creditors. Does...