Filing for bankruptcy is a major financial decision, and understanding the different options is essential for making the right choice. Chapter 13 bankruptcy, known as a “wage earner’s plan,” is a ...
If you are newer to chapter 13 practice, you won’t want to miss this panel. Join a judge, chapter 13 trustee, and debtor and creditor counsel as they show you how to navigate a chapter 13 case from ...
SAN FRANCISCO--(BUSINESS WIRE)--Today, the National Association of Chapter 13 Trustees (NACTT) announced at its annual meeting the launch of the Bankruptcy and Finance Information Network Exchange ...
COLUMBIA, S.C.--(BUSINESS WIRE)--The National Association of Chapter 13 Trustees (NACTT) and its members support Senate bill S. 3823, the Bankruptcy Threshold Adjustment and Technical Corrections Act, ...
Chapter 13 bankruptcy is a legal process that restructures your debt and can, potentially, save your home from foreclosure. Your slate won’t be wiped clean, rather it is designed for individuals who ...
Bankruptcy cases differ from typical lawsuits in a variety of ways, including the parties involved. Whereas standard lawsuits generally involve a plaintiff and a defendant, bankruptcy cases have a ...
The bankruptcy trustee is charged with the administration of all bankruptcy cases to which she or he is elected or appointed to serve. The duties of the trustee are generally two-fold: 1. Administer ...
There have been significant challenges to the roles that counsel to debtors and creditors have played in chapter 13 cases since the enactment of BAPCPA, with little recognition that the success in ...
Last year, over half a million U.S. bankruptcies were filed. While entering bankruptcy can be painful and leave a financial scar, it’s often a necessary last resort for those trapped in a cycle of ...
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Chapter 13 bankruptcy: What you need to know
Chapter 13 bankruptcy allows people with regular income to repay debts over time, protecting assets and recovering financial stability. To qualify, individuals must meet income and debt limits and ...
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