When an individual files for Chapter 13 bankruptcy, a court-appointed trustee is assigned to oversee the case. Essentially, a Chapter 13 trustee acts as an administrator, facilitator and enforcer of a debtor’s bankruptcy plan. For example, one of the trustee’s primary...
Chapter 13 Bankruptcy
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How do you tell your loved ones you are declaring bankruptcy?
Filing for bankruptcy is a personal decision. However, its consequences may be felt by your loved ones. Accordingly, it may be wise to discuss your decision with them. It can be challenging to initiate such a discussion, as you may still be wrapping your head around...
What qualifies someone for Chapter 13 bankruptcy?
Are you struggling to keep up with your debt payments and looking for a way out? Then, filing for bankruptcy may be an option for you. Specifically, Chapter 13 bankruptcy can be a valuable option for individuals who want to reorganize their debts and create a plan to...