Book: Battling Debt Anxiety

Chapter 4
What are the benefits of Chapter 13 Wage Earner Plan?

Although most folks looking for relief from overwhelming debt would prefer the “quick and dirty” Chapter 7 discharge, there are several reasons why filing under Chapter 13 and making payments for 3-5 years might be preferable. Of course, those households with over-the-median income will likely have to file a Plan anyway and may not have …

Chapter 4
What are the benefits of Chapter 13 Wage Earner Plan?
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Chapter 3
What are the benefits of filing under Chapter 7?

Many clients ask about the differences between the various chapters in bankruptcy and whether they have a choice in determining under which chapter they will file. The answer is, as in many things in life, it depends. Qualifying for a Chapter 7 case (liquidation) will require that either: (1) the debtor’s household income falls below …

Chapter 3
What are the benefits of filing under Chapter 7?
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Chapter 2
What is the difference between Chapter 7, Chapter 11 and Chapter 13?

Bankruptcy is an ancient right. Medieval church law provided for the discharge of debt in exchange for the liquidation of all but one’s necessary assets. This led to the enactment of the first bankruptcy laws in merry old England and was a precursor to our modern Chapter 7 bankruptcy law. But even that advancement was …

Chapter 2
What is the difference between Chapter 7, Chapter 11 and Chapter 13?
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