Chapter 13

Recent Posts in Chapter 13

  • 23-Apr-2018

    Chapter 13 Bankruptcy Could Help Prevent Foreclosure On Your Home

    After falling behind on mortgage payments – approximately four months’ worth by most lenders’ standards – foreclosure becomes a real possibility. Banks will often not hesitate to try to foreclose on your home. If you want some ...
  • 8-Mar-2018

    The Pros and Cons of Declaring Bankruptcy Under Chapter 13

    Making the decision to move forward with declaring bankruptcy is undoubtedly a difficult step. A lot is at stake, including your future credit, reputation, and even your self-image. However, declaring bankruptcy is often necessary to begin a new, ...
  • 16-Jan-2018

    How Do I Know if I Qualify for Chapter 13 Bankruptcy?

    Sometimes, we end up in financial situations far beyond our control. This means, we may have to need to except help from entities outside of ourselves. There’s no shame in admitting you are in over your head and need the help of an ...
  • 14-Nov-2017

    Chapter 13 Bankruptcy Debt Limits

    In order to file for Chapter 13 bankruptcy, your existing debt cannot exceed a certain amount. If you plan to file for Chapter 13 bankruptcy, you should be aware that there are ways to have some of your existing debts excluded from the total amount ...
  • 24-Sep-2014

    How to Have a Successful Chapter 13 Bankruptcy

    Unlike Chapter 7 bankruptcy, Chapter 13 claims are not designed to eliminate a person's debt; rather, they enable a claimant to restructure their finances and begin paying off their debt. A Chapter 13 case typically takes around 60 months, during ...
  • 25-Apr-2014

    Will Filing Chapter 13 Help Me to Keep My Home?

    Owning your own home is a major life accomplishment. While there is nothing quite like being able to buy a house you can call your own, purchasing a home is a long-term financial commitment. While you might have been able to afford the mortgage ...
  • 18-Mar-2014

    If I Cannot Pass the Means Test, Can I Still File for Bankruptcy?

    One of the most common misconceptions people have about bankruptcy is that they will be unable to file for bankruptcy if they cannot pass the means test. That is simply not true. Bankruptcy is available to almost any individual who wants to clean ...
  • 21-Feb-2014

    What do I need to do to file for Bankruptcy?

    Filing for bankruptcy is one of the ways in which an individual can be given a fresh financial start so as to move on with his or her life unencumbered by an overwhelming amount of debt. If you are considering filing for bankruptcy, you may be ...
  • 6-Jan-2014

    Can I Save My Home By Filing For Chapter 13?

    If you have fallen behind on your mortgage payments and are at risk of losing your home to foreclosure, an experienced Detroit Chapter 13 attorney from our firm may be able to help you obtain the debt relief you seek. The attorneys here at Marshall ...
  • 22-May-2013

    How Can I Benefit From Bankruptcy?

    Over the years, numerous misconceptions, myths and stigmas have surfaced concerning bankruptcy and its benefits. This has caused countless individuals to avoid taking advantage of the benefits bankruptcy can provide to help them alleviate their ...
  • 15-May-2013

    Parents of Former Michigan Brewing Co. Founder Lose Their Home, and Face Untimely Financial Ruin, After Son Files for Bankruptcy

    When Michigan Brewing Co. founder, Bobby Mason, recently filed for Chapter 7 bankruptcy, to liquidate his estimated $8 million dollars worth of liabilities, which he owed to close to 400 creditors, he also put his parents in a desperate position, ...
  • 19-Apr-2013

    Tips for Rebuilding Your Credit after Bankruptcy

    While bankruptcy offers debtors a fresh start, it's vitally important that they begin focusing on establishing healthy spending habits and rebuilding their credit as soon as possible. For debtors who filed a Chapter 7 bankruptcy, they can begin ...
  • 10-Aug-2012

    Olympic Families Dealing With Bankruptcy

    According to The Wall Street Journal, even those who are successful athletes have financial struggles. Recent Olympic Gold Medalist, Gabby Douglas, is known for her talent and passion for her gymnastics, but it came at a cost. Paying for this level ...

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