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Bankruptcy Articles2025-02-03T15:48:34+00:00

Bankruptcy Articles

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Get the facts on bankruptcy, including types, qualifications, and what to expect in the process.

What Chapter 13 Plans May Do

Categories: Bankruptcy Article|

In addition to the required Chapter 13 plan provisions, the law also lays out the things that Chapter 13 plans may provide for:A plan may classify unsecured claims, as long as the plan treats each claim within a particular class the same. 11 U.S.C.A. Section [...]

Chapter 13 Plan Requirements

Categories: Bankruptcy Article|

Chapter 13 Plan Requirements – What a Chapter 13 Plan Must Do   Many things can be done within a Chapter 13 plan in an effort to reorganize and even discharge debts.  However, there are certain things that a Chapter 13 plan must do.  Chapter 13 [...]

Chapter 13 Bankruptcy – 10 Steps

Categories: Bankruptcy Article|

There are 10 basic steps involved in a Chapter 13 case. After collecting the appropriate information, your Wilmington bankruptcy attorney will determine if Chapter 13 is appropriate. 1st Step – Paperwork  You must complete the paperwork to get your case started the right way. The [...]

Bankruptcy Law Is Needs Based

Categories: Bankruptcy Article|

Thru the years since 1800, the bankruptcy laws have changed. Today, the stated purposes of the bankruptcy laws is to give the debtor a new beginning in life by discharging debts. One of the most radical changes in the Bankruptcy laws occurred in 2005. This [...]

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