March 16, 2007, Newsletter Issue #55: Filing Chapter 13 Bankruptcy

Tip of the Week

Those who want to consider filing chapter 13 bankruptcy should think about the following items. Those who may be behind on their mortgage payments or owe money to the IRS; if you have assets that you wish to protect and that would be liquidated under a chapter 7 plan; your disposable income is too high to qualify for a chapter 7 bankrupcty; if you need some relief from creditors yet wish to maintain the original payment plans with your creditors; you wish to leave chapter 7 bankruptcy as an option in the future; or if you have filed chapter 7 within the last six years, have a co-signor or have the capability to repay your indebtedness within three to five years.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Legal Forms Tip Site? Request a Tip Now!


Guru Spotlight
Patricia Walters-Fischer