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Chapter 13 Bankruptcy

Allmand Law Firm
May 19, 2011 Chapter 13 Bankruptcy

What Happens If My Chapter 13 Bankruptcy Plan Is Not Approved?

In the recent Chapter 13 bankruptcy case in Texas, a debtor's plan was not approved by the trustee. Because of this, a dispute took place over the distribution of the debtor's assets held by...

Allmand Law Firm
February 14, 2011 Chapter 13 Bankruptcy

Can Chapter 13 Bankruptcy Really Help Me?

When most debtors think of bankruptcy, they think of Chapter 7 bankruptcy where they can discharge their debts in a few months and get their fresh financial start immediately. Many above-median income debtors are...

Allmand Law Firm
February 11, 2011 Chapter 13 Bankruptcy

Case Study: How A Second Mortgage Can “Fall Off” In Chapter 13 Bankruptcy

In the  Chapter 13 bankruptcy  case of debtors who owned a property which had two mortgages on it, the bankruptcy court ruled that the second lien (mortgage) be made unsecured. Let's take a look...

Allmand Law Firm
February 10, 2011 Chapter 13 Bankruptcy

Can I Make Mortgage Payments Outside Of Chapter 13 Bankruptcy Plan?

A request to pay your mortgage outside of the Chapter 13 bankruptcy plan is not generally granted by the trustee unless there is some special circumstance. Under the bankruptcy law, a debtor in Chapter...

Allmand Law Firm
January 25, 2011 Chapter 13 Bankruptcy

Timely Payment Of Taxes Can Make Or Break Your Chapter 13 Bankruptcy

How to Avoid Tax Problems During Chapter 13 Bankruptcy Chapter 13 allows debtors to repay some or all of their debts in a three to five year period.  But in order for a debtor...

Allmand Law Firm
January 6, 2011 Chapter 13 Bankruptcy

Four Things You Should Never Do In Your Chapter 13 Bankruptcy

Doing the right thing in your bankruptcy is important because dong the wrong thing can have disastrous results. Things you should never do in a Chapter 13 bankruptcy: Don't fail to notify the bankruptcy...

Allmand Law Firm
January 3, 2011 Chapter 13 Bankruptcy

Creditor’s Attempt To Gain More Interest In Chapter 13 Bankruptcy Fails

In a recent Chapter 13 bankruptcy case in which a debtor proposed to pay their creditor's (Bank of America) claim in full over the term of their plan, was faced with a challenge by...