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Can I Keep an Investment or Vacation Home in Chapter 13 Bankruptcy?

When Can My Discharge Be Denied in Chapter 7 or Chapter 13 Bankruptcy?

DENIAL OF DISCHARGE IN MICHIGAN BANKRUPTCY: WATCH YOUR STEP   It is the goal of a Chapter 7 or Chapter 13 bankruptcy to obtain a discharge of one’s debts. The “discharge” is a sort of “master injunction” under Federal law, by way of the US Bankruptcy Code, that...

What Is a Cramdown in Chapter 13 Bankruptcy?

THE CHAPTER 13 BANKRUPTCY CRAMDOWN: PAY WHAT IT’S WORTH   In a Chapter 13 bankruptcy, unlike a Chapter 7 bankruptcy, you repay to your creditors some of what you owe over a 3-5-year period. Depending on what sorts of creditors you have, certain creditors will be...