Recent Posts in Chapter 13 Category

  • Student Loans & Bankruptcy

    Posted By The Bankruptcy Law Firm || 25-Aug-2015

    In general, you cannot have your student loan debt discharged by means of a chapter 7 or Chapter 13 bankruptcy. You would need to prove that repaying your student loans would cause you undue hardship to have them eliminated. What precisely constitutes undue hardship varies from court to court. The burden of proof lies with you for demonstrating you cannot feasibly repay your loans. What is known ...
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  • Can I Buy a Vehicle After Filing for Chapter 13 Bankruptcy?

    Posted By The Bankruptcy Law Firm || 12-Feb-2015

    After filing for bankruptcy, it almost feels like all big purchases are off limits. After all, your finances just underwent an intense amount of scrutiny and passed through the ringer, so to speak. While bankruptcy can make it more difficult to purchase items such as a car or a home, it's certainly not impossible. Chapter 13 bankruptcy is unique in that you commit to a repayment plan. The ...
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  • Liquidation vs. Adjustment: How Chapter 13 & Chapter 7 Bankruptcy Differ

    Posted By The Bankruptcy Law Firm || 10-Oct-2014

    Filing for bankruptcy is a serious step. Before you make the decision, you should know what option is best for you. By understanding the differences between Chapter 7 and Chapter 13, you can make an informed choice before filing for bankruptcy. Not only does the chapter you select influence your immediate financial situation, but it can also effect you in the future. For this reason, it is helpful ...
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