Category Archives: chapter 13 bankruptcy

We have many clients in Chapter 13 bankruptcy, and every so often one of those clients will ask if it makes sense for him or her to convert to a Chapter 7 Bankruptcy.

Chapter 13 bankruptcies can be a wonderful tool to get your life back in order when everything seems lost.  A Chapter 13 bankruptcy can allow you to re-organize your secured debts and still wipe out unsecured debts like medical bills and credit cards.

Can I Get Rid of Income Taxes Through Bankruptcy? The answer to that question depends on which chapter of bankruptcy you are eligible for and whether the taxes meet the discharge criteria.

Debtors generally may choose between a Chapter 13 and a Chapter 7.  While a Chapter 7 is usually quicker, simpler and cheaper, a Chapter 13 can accomplish many things that a Chapter 7 simply cannot.

My house has a lot of equity and I want to file bankruptcy.  What can I do?

In Kansas, a mortgage lender may not take a home from a homeowner except by filing a foreclosure, which is a law suit filed in the County where the homeowner lives.  In the past, most mortgage lenders tended to file foreclosures when the mortgaged debt got to be three months behind.  However, since the housing […]

 A Chapter 13 bankruptcy can be a godsend when you are facing tough financial circumstances.  There are many reasons that a Chapter 13 bankruptcy can be a better option for you than a Chapter 7 bankruptcy.  but, one often-cited negative of Chapter 13 bankruptcy is that your case is going to be open for quite […]

Un capítulo 13 bancarrota puede ser un regalo del cielo cuando se enfrentan a circunstancias financieras difíciles.  Hay muchas razones por las que un capítulo 13 bancarrota puede ser una mejor opción para usted que un capítulo 7 bancarrota. 

When you file bankruptcy and have debts secured by collateral such as houses, cars furniture or jewelry, you must decide if you are going to find a way to pay for the collateral or simply “surrender” the property to the creditor.  In a Chapter 7, you must either surrender, redeem or keep the payments current […]

When one files a Chapter 7 bankruptcy, they have more than one option with debts secured by a piece of property they want to keep.  All secured means is that the creditor has the right to recover the property if the payments are not made.  This applies to homes, cars and sometimes jewelry or any […]