Bankruptcy Indicators

There is no formula for figuring out when you should file a bankruptcy case. However, below are some indicators you may need to file for bankruptcy: You have debt lawsuits filed (or being threatened) against you You are paying monthly minimums on your cards and the balances are increasing You are struggling to make the minimum payments on your cards You are current on mortgage and car payments but not…

Chapter 13 Process Timeline & FAQ

Chapter 13 Bankruptcy Process Prior to Filing In the last 4 years did you: ~~ Receive a bankruptcy discharge under Chapter 7, 11, or 12? If it has been less than 4 years ago, you will be ineligible to receive a discharge in a Chapter 13 bankruptcy. (§1328) In the last 2 years did you: ~~ Receive a Chapter 13 discharge? A discharge will not be possible in your current bankruptcy…