Chapter 13 Bankruptcies are three to five-year payment plan. Inevitably, life happens. You are in chapter 13 bankruptcy and an opportunity arises to either refinance or buy a house. Can you refinance your house or buy a house during your chapter 13 bankruptcy? The...
As bankruptcy attorneys, we live bankruptcy day in and day out. We sometimes forget to address the basic questions. Aside from a vague understanding of the definition of the word ‘bankruptcy,’ most people don’t know what it is. So, let’s get back to basics; what is...
Divorce and Bankruptcy often go hand in hand. Given that the leading cause of divorce is financial trouble, so when a couple divorce, neither spouse can, individually, assume the financial responsibilities of the household. As a result, one or both spouses end up...
Will you lose your pets in bankruptcy? Pets create two issues in bankruptcy because pets are an asset and the care of your pets is an expense. Chapter 7 bankruptcy is more concerned about your assets whereas chapter 13 bankruptcy is more concerned about your income...
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