by Walter Metzen | Apr 12, 2021 | Chapter 13 Bankruptcy
By Walter Metzen Introduction: Creditors in Chapter 13 Bankruptcy Chapter 13 bankruptcy is a reorganization bankruptcy and not a liquidation bankruptcy in which debts are discharged in full without payment. In a Chapter 13, your debts are...
by Walter Metzen | Apr 1, 2021 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
The term “priority debt” is one that you are likely to hear repeatedly in a Chapter 7 or Chapter 13 bankruptcy proceeding. What does it mean? A priority debt in bankruptcy is one that must be paid by the Chapter 7 or Chapter 13 Trustee prior to...
by Walter Metzen | Mar 26, 2021 | Chapter 13 Bankruptcy
When you file Chapter 13 bankruptcy as a homeowner, the servicer of your secured mortgage obligation will become one of your biggest headaches in the process. This is due to the fees charged to your mortgage account by the servicer for every step they feel...
by Walter Metzen | Mar 18, 2021 | Chapter 13 Bankruptcy
It is permissible for a person filing Chapter 13 bankruptcy to continue to run a business during the bankruptcy process. In fact, it may even be necessary, if that business is the source or a partial source of the funds required to fund the Chapter 13 Plan...
by Walter Metzen | Mar 12, 2021 | Chapter 13 Bankruptcy
The question of how much a person’s monthly Chapter 13 bankruptcy payment plan will be is a question with a short answer and a long answer. The short answer is that, each month in your Chapter 13 proceeding, you will pay to the Chapter 13 Trustee assigned to...
