Filing Chapter 13 Bankruptcy
Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Chapter 13 Bankruptcy Forms and other Legal Forms topics.
Filing Chapter 13 Bankruptcy
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.
| Guru Spotlight |
| Patricia Walters-Fischer |
