Chapter 13 Bankruptcy: Keep Your Property & Repay Debts over Time

Chapter 13 Bankruptcy: Keep Your Property & Repay Debts over Time

Reduce your debts, save your property -- and start over! <br><br> Are you considering Chapter 13 bankruptcy? Use this plain-English guide to decide if Chapter 13 is right for you and to learn how to keep valuable property and repay your unsecured debts. <br><br> Chapter 13 legal concepts, procedures, and monetary calculations can be tricky. Nolo's <i>Chapter 13 Bankruptcy</i> breaks down the Chapter 13 process and provides clear explanations of the law so you can: <br><br> <i> consider nonbankruptcy alternatives<br> <i> decide which is better for you -- Chapter 7 or Chapter 13 <br> <i> determine if you qualify for Chapter 13<br> <i> understand bankruptcy's automatic stay<br> <i> learn how Chapter 13 can help avoid foreclosure<br> <i> find out if you can reduce your car loan balance, or the balance on other secured debts<br> <i> determine if you can strip second mortgages or home equity lines from your home<br> <i> calculate (with forms and step-by-step instructions) whether you have enough income to propose a repayment plan that will meet legal requirements<br> <i> calculate the amount of your monthly plan payment<br> <i> find and work effectively with an excellent lawyer, and<br> <i> rebuild your credit after bankruptcy. <br><br> This newest edition includes new information on hiring and working with a lawyer, recent U.S. Supreme Court and other federal court decisions interpreting bankruptcy law, the latest bankruptcy exemption laws in your state, and recent IRS standard expense amounts (which play a role in plan payments). <br><br> If you are considering or have decided to file Chapter 13 bankruptcy, Nolo's <i>Chapter 13 Bankruptcy</i> is the essential guide you need to understand the procedures and law. <br><br> Note that this book does not cover business bankruptcies, farm reorganizations, or Chapter 7 personal bankruptcy. For Chapter 7 bankruptcy, see Nolo's <i>How to File for Chapter 7 Bankruptcy</i>. If you own your own business and are considering Chapter 7 bankruptcy, see Nolo's <i>Bankruptcy for Small Business Owners.</i>