In Chapter 13 bankruptcy, a person works out a repayment plan with the court. The plan, which typically runs three to five years, has to be approved by a bankruptcy judge at a confirmation hearing. A debtor has the chance to modify their repayment plan prior to the...
Month: August 2022
How much warning do you receive before vehicle repossession?
Your vehicle is one of your most important possessions. Without it, you might lose your job or not be able to take care of your family properly. If you are like many working professionals, you don't fully own the vehicle that you drive. It is a financed vehicle on...
The truth about bankruptcy and your credit score
Filing bankruptcy can help you when your financial situation gets out of control. However, it can also cause your credit score to fall. While this may be disappointing news, the truth about how bankruptcy impacts your credit score may help you see why filing may be...
