Reasons to File Chapter 13

Some Reasons to file Chapter 13 include: Being over median income Not qualifying for Chapter 7 Not passing the means test Having disposable income per IRS standards Owing debts that can be dealt with in 13 but not 7 Owing debts non dischargeable in Chapter 7 Co-debtor stay protection You’ve inherited or expect to inherit real property or other assets You have lawsuits you could file or are thinking of…

Does it matter which lawyer files my Chapter 13?

Why does the quality of my Chapter 13 representation matter? Chapter 13 Plans are not mechanical, so the resulting Plan payment┬ácan be very different depending on which lawyer your choose to assist you against your creditors’ attorneys. Chapter 13 Plans involve using knowledge of complex legal rules to your advantage. The bankruptcy lawyer you hire will negotiate and litigate the terms of the 13 Plan, including the monthly payment amount,…

Does it matter which lawyer files my Chapter 7?

It is important to hire a bankruptcy attorney who knows what they are doing.┬áThe right attorney will know how to protect your assets and financial well being. Technically, any attorney could handle your Chapter 7, but it is not a good idea just to get any lawyer to do so. What’s the worst that can happen? Chapter 7 is liquidation bankruptcy- once assets are found above the exemptions, you cannot…