Archive for the Bankruptcy Category

An Overview of Chapter 13 Bankruptcy - December 19th, 2009

Chapter 13 bankruptcy, sometimes called reorganization bankruptcy, is also known as restructuring where you file a repayment plan with the bankruptcy court proposing how you will repay your default s to your creditors. Chapter 13: Monthly payments are made to the Bankruptcy Trustee, who disperses the collected amount to the debtor’s, creditors according to a [...]