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Chapter 13 Questions & Advice

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Are there any debt limits when one files a Chapter 13 bankruptcy?

Question: Are there any debt limits when one files a Chapter 13 bankruptcy?

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Can I use bankrupcy to get rid of an upside down mortage on rental property?

When times were good, I purchased a second home as an investment. Since I wasn’t going to use the second home, I let a friend of mine stay there as...

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Can you really eliminate your second mortgage in a chapter 13 bankruptcy?

I have been doing some research online, and I keep reading that you can get rid of a second mortgage if you file for chapter 13 bankruptcy. Of cours...

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How does chapter 13 bankruptcy work?

How does chapter 13 bankruptcy work? I make too much money for chapter 7, but not enough to realistically repay my debts.

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How will a Chapter 13 repayment plan account for investment property?

I own some investment properties—multifamily homes I rent out.Times are tough, and some of my tenants are unemployed, so they can’t pay the rent...

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I want to File a Chapter 13 Bankruptcy but do not want to go through the Meeting of Creditors. Is it required?

Question: My wife and I have suffered horribly this last year. I’m a contractor with my own business, and we also bought two properties to renovat...

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If I File for Chapter 13 Bankruptcy, Do I Have to Repay Credit Card Debt?

I think I make too much income to file for chapter 7, so I have been thinking about filing for chapter 13 instead. If I do, will I still have to rep...

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What are Exemptions Used for in Chapter 13 Bankruptcy?

I have been reading up on chapter 7 and chapter 13, and one thing doesn’t seem to make sense. I understand that exemptions are used to keep proper...

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What are the requirements to file a Chapter 13 bankruptcy in Texas?

Question: What are the requirements to file for Chapter 13 Bankruptcy in the state of Texas?

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What is a rental property cramdown? How does it work in a chapter 13 bankruptcy case?

I own a rental property. Right now, I owe around $500,000 on the mortgage, but the state of the housing market is such that it’s only worth around ...

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What is my liability if I co-sign on a loan for someone who then declares bankruptcy?

Question: I was a co signer for my cousins loan that became discharged because he had to file a Bankruptcy. Can the creditor come after me now? Even...

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Which type of Bankruptcy should I file when my wages are being garnished?

Question:   I have taken on much more debt that I can afford but I have been somehow been managing to keep up with the monthly minimum payments. M...

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This site does not provide legal advice and users of this site should not interpret any of the information presented here as legal advice. The information provided merely conveys general information related to commonly asked legal questions. We are not a law firm and the employees responding to questions are not acting as your legal attorney. You should ultimately consult with a Lawyer for your case.

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