Category : Bankruptcy : Business & Finance

Chapter 13 Questions

Bankruptcy
Chapter 13 bankruptcy--also known as individual reorganization--allows people to restructure their debts into one manageable payment per month. The court oversees the payment plan to ensure debtors pay back the maximum amount of debt without causing further financial strain. For this...

Chapter 13 Bankruptcy

Bankruptcy
This plan is sometimes referred to as an income-based or wage-earner's plan. Chapter 13 Bankruptcy Evaluation gives the debtor the option of proposing a plan of repayment which will either extend or reduce the amount of any obligations and give him the chance to be discharged from any unsecured