When filing a Chapter 13 bankruptcy in Florida, it is important to understand how child support payments and any arrears are impacted. Unlike Chapter 7, where an attempt is made to pay off these debts as part of liquidating assets, Chapter 13 requires you to catch up on any past due balances. The reason for […]
Category Archives: Chapter 13 Bankruptcy
Chapter 13 and Your Plan Payments
Was your Chapter 13 filed in Orlando or Jacksonville Bankruptcy Court? If so, your payment plan is due within 30 days of filing your case. It does not matter if you haven’t attended your meeting of creditors yet – the trustee must receive your plan payment, and it’s your job to make sure the money is where […]
Chapter 13 Bankruptcy and Your Car Payment
Florida Chapter 13 cases often come with questions about cars. Our clients frequently own or are financing an automobile, and are worried about losing their car when they file a Chapter 13 case. The good news is that when you file for Chapter 13 bankruptcy in Florida, there may be a way to get relief from […]
Chapter 13 Bankruptcy Plan Payments – How Much Should I Be Paying Each Month??
So you chose to file a chapter 13 payment plan? Also known as a chapter 13 plan of reorganization, or a budget plan. You most likely: make too much money to qualify for chapter 7, have un-exempt equity in an asset you wish to keep, are stripping your second mortgage, or you are behind on […]
Florida Mortgages And Bankruptcy – Chapter 13 And Your Second Mortgage
Florida Chapter 13 bankruptcy cases often involve people with two mortgages. Can Chapter 13 help alleviate the pain and stress? This is one of the most powerful tools in a Chapter 13 bankruptcy case. With the real estate boom, many Florida residents bought homes with two mortgages. Other people refinanced their homes in Florida and […]