In a Chapter 13, the Attorney’s Fee Can be Placed into the Plan of Reorganization
The Chapter 13 attorney’s fee can be placed into the plan of re-organization.
The Chapter 13 attorney’s fee can be placed into the plan of re-organization.
Why is it so important to secure an attorney when it comes to buy for Chapter 13 bankruptcy?
Read MoreYou may lose some other benefits of the plan, for instance, the low interest rate on the car or paying back the tax liability
That happens more often than you would think. There are a lot of low profilers who frankly got out of the Chapter 13 for whatever reason.
So you ask, “How many times can someone receive Chapter 13 bankruptcy?” Could that happen twice in their lifetime?
If you get rid of a credit card, you may get rid of the “Let me just swipe this and I can buy that fancy thing” mentality, and you actually have to pay cash.
Some people say “Oh, no”. You know I need a credit card.
So what are some items of misinformation that you have to dispel from time to time with the people that have concerns with credit issues?
The plan payment does. In Chapter 7, there is no payment.
We save people a lot of money by including their cars in the bankruptcy plan, not only from interest rate savings but from the low monthly plan payments, which are lower than what their car payments were.