Table away from Material
- Qualifications
- The newest Automatic Stay static in Chapter 13
- Throw away Month-to-month Earnings
- New Part 13 Bundle
- Mortgage loans inside the Part 13
- 2nd Mortgage loans and HELOCs in Part thirteen
- Cram-downs off Low-Home-based Property
- Fees during the Chapter thirteen
- Handmade cards, Unsecured loans and you can Scientific Debts into the Part thirteen
Overview
Part thirteen personal bankruptcy is a process designed to give you a fresh initiate where you can work with from the curing past-owed financial personal debt, taxation and you can/otherwise car and truck loans while you are however discharging as frequently of credit card debt, medical debt, and private mortgage obligations to, plus times when you have too much income in order to be eligible for a bankruptcy proceeding.
Particularly chapter 7 or other sections of the latest Personal bankruptcy Password, i collect a petition seeking to relief and you may dates and that completely divulge their assets and debts, together with other economic information. And you will like many bankruptcy proceeding alternatives, submitting creates an enthusiastic automated stand and therefore forbids financial institutions from getting people action to get the expenses from you, and foreclosing on the house.
The fresh new characteristic, and you may purpose, away from a section thirteen case was getting confirmation (judge recognition) of a fees plan and therefore you are helped by us build. Continuer la lecture de « But section 13 differs from chapter 7 when you look at the important ways »