Be sure to note that under a Chapter 7 bankruptcy,
most debtors keep their property — so your assets most likely will be protected.
Not exact matches
In
most states,
debtors will be required to sign a reaffirmation agreement if they wish to
keep their car.
If you want to
keep the car,
most (but not all) lenders require the
debtor sign a reaffirmation agreement.
In a Chapter 7 bankruptcy,
most or all of
debtor's unsecured debts are wiped out and, at the same time, in
most cases, the
debtor will be able to
keep their property, rather than losing everything they own.
California has very generous exemptions and in
most Chapter 7 cases, the
debtor (person filing bankruptcy) gets to
keep all of his or her assets and walk away from the debt.
She, like
most people, did not know very much about her options — but our team was able to help her fully understand not only bankruptcy, but her other options, such as filing a consumer proposal, which allows a
debtor to
keep their assets and can give a fresh start while avoiding bankruptcy.
In
most Chapter 13 cases, the
debtors keep their tax refunds after bankruptcy; however, there are cases where the
debtors may need to pay a portion of their tax refunds to the trustee as part of their
In
most Chapter 13 cases, the
debtors keep their tax refunds after bankruptcy; however, there are cases where the
debtors may need to pay a portion of their tax refunds to the trustee as part of their bankruptcy plan.
But its virtue is that it focuses on the
debtors most serious about
keeping their homes and least likely to re-default.
However, it should be noted that
most who seek this relief already have impaired credit and, more importantly, in reality new credit is generally extended to
debtors who
keep their payments current for a year or two following discharge.
Debtors who have many assets may find filing Chapter 13 bankruptcy attractive because they could be able to
keep most of their property.
Debtors who have a large amount of assets may be able to
keep most of their property by filing Chapter 13 bankruptcy.
By filing Chapter 13 bankruptcy,
debtors who own a lot of property could be able to
keep most of their assets.
Debtors who file Chapter 13 bankruptcy may own more property, and could also be able to
keep most of their assets.
Debtors who file Chapter 13 bankruptcy may be able to
keep most of their property.
By filing Chapter 13 bankruptcy,
debtors who own more property may be able to
keep most of their assets.