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Common Reasons That People File A Chapter 13 Bankruptcy

Interviewer: What are the most common reasons you’ve seen people file for a Chapter 13?

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It is Advisable to Maintain an Amicable Relationship with a Court Appointed Trustee

If you’re right, then the judge can rule in your favor.

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A Court Appointed Trustee is a Private Individual Overseen by the United States Trustee, a Branch of the Department of Justice

Interviewer: Who is the appointed trustee? Who is this person and how does this person gets life debt?

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It is Highly Recommended to Retain an Attorney for Filing a Bankruptcy

I would not recommend anyone do a Chapter 13 on their own because the success rate for what we call Pro Se Filers in a Chapter 13 is 1 per cent.

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The Initial Steps to Take When Considering Filing for Bankruptcy

Interviewer: What are the initial steps or the process? I mean where exactly does one start?

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Qualifying Factors For A Chapter 13 Bankruptcy In California

How does one exactly qualify for Chapter 13? What are some of the qualifying factors?

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There are Some Debts Such as Priority Tax Liability that Have to be Paid

There are some things that have to be paid back.

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The Percentage of Debt to be Repaid Depends on The Individual’s Income and Expenses

Interviewer: How much or what percentage of the debt will the individual have to pay?

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When an Individual Files Bankruptcy, the Call of Interest Stops

When you file that bankruptcy, that stops a call of interest.

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Timeframe Of Discharge Of A Chapter 13 Bankruptcy in California

Interviewer: How long could the whole process of a Chapter 13 last? How long is it supposed to last and could it be extended?

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