Credit Card Debt In Chapter 13

Credit Card Debt In Chapter 13

Chapter 13 bankruptcy deals with debt differently than the chapter 7 bankruptcy does. With a chapter 13 bankruptcy your debts and payments of them are reorganized into a payment plan. This plan usually runs for a period of 3 to 5 years. When it comes to your credit card debt, the bankruptcy courts will decide  … Read more

  Filed under: Chapter 13


How to Rebuild Your Credit after Bankruptcy

How to Rebuild Your Credit after Bankruptcy

After your bankruptcy has been completed, you can get some good tips from your Houston bankruptcy lawyer on how to re-establish your credit for the future. Your first thought is you never want to go into debt again and this is a wise way of thinking. However, there may be times that arise that you will need  … Read more

  Filed under: Credit


How Credit Card Debt Can Lead To Bankruptcy?

How Credit Card Debt Can Lead To Bankruptcy?

One of the leading causes of debt for many people is their credit card debt. Most individuals start off with obtaining a credit card so they can establish their credit. More often than not it ends up in a short period of time where the card gets maxed out, and the individual proceeds to get  … Read more

  Filed under: Debt


Be Informed about Bankruptcy

Be Informed about Bankruptcy

Many people that are in a financial mess are dealing with a lot of emotions that come with this type of problem. They are embarrassed, frustrated and disheartened. Friends and family may encourage them to go bankrupt and lead them to believe that this is a easy process that they can do themselves. It has  … Read more

  Filed under: Bankruptcy Information


The Fair Debt Collection Act and Bankruptcy

The Fair Debt Collection Act and Bankruptcy

When individuals get behind in their debt obligations it doesn’t take long before the creditors start hounding the person for their money. These creditors are not concerned about how much money you owe to others or what personal problems you may have. Their priority is to collect their money. For the most part this will  … Read more

  Filed under: Debt


Benefits Of A Chapter 13 Bankruptcy

Benefits Of A Chapter 13 Bankruptcy

Many times individuals checking out their bankruptcy options are often disappointed when they find out they have to go with a Chapter 13 bankruptcy. Usually this disappointment is not justified and is as a result of not fully understanding the differences between a chapter 7 bankruptcy and a chapter 13. Most people think that with  … Read more

  Filed under: Chapter 13


What Debts Are Handled In A Chapter 13 Bankruptcy?

What Debts Are Handled In A Chapter 13 Bankruptcy?

Once you retain the services of a Houston bankruptcy attorney he will go over your financial situation with you in detail. He will be able to explain to you how your specific debts will probably be categorized in your chapter 13 bankruptcy. Usually the debts are put into various classifications. These are comprised of secured  … Read more

  Filed under: Chapter 13


Your Medical Debt in Bankruptcy

Your Medical Debt in Bankruptcy

Debts are categorized in different ways in a chapter 7 bankruptcy. There are secured debts, unsecured debts, priority debts and general type debts. They each get treated differently. Medical debts are normally classed as a non priority general unsecured debt. If there is any money in the bankruptcy estate this type of debt would be  … Read more

  Filed under: Debt


Priority Debts In Chapter 7

Priority Debts In Chapter 7

There are some unsecured debts in a Chapter 7 bankruptcy that are considered to be important even though they are not secured. These debts will be the ones dealt with first when it comes to repayment. Payment would be made if the bankruptcy trustee has disbursed some of your property. Different Debts An example of  … Read more

  Filed under: Chapter 7