How Chapter 13 Bankruptcy Works Part 1
In order to prepare to file a chapter 13 bankruptcy, the debtor must begin by gathering together several documents. These items will be presented with
April 12, 2012
In order to prepare to file a chapter 13 bankruptcy, the debtor must begin by gathering together several documents. These items will be presented with
Chapter 7 bankruptcies are typically only for debtors of lower incomes. But chapter 13 bankruptcy is an option for most individuals of any economic status.
1.5 million people file bankruptcy annually in the United States. Studies have recently been performed to uncover the primary reasons why people end up filing
Each state has its own slight variations in the steps of filing bankruptcy. But in regards to terminology and process, bankruptcy throughout the nation is
During the 1980s and 1990s, bankruptcy became a relatively common practice among individuals and businesses. Courts were flooded with bankruptcy cases and it became apparent
In 1938, the Chandler Act added significant applications for businesses facing financial ruin. In the same year, Congress enacted Section 60e of the Bankruptcy Act,
In the United States bankruptcies have only been available off and on and under specific conditions since 1800. Before that there were no options for
Bankruptcy, like many words, stems from the ancient Latin vocabulary. The word “bancus” meant bench and “ruptus” meant broken. In old Italy, bankers operated in