Articles from David M. Siegel

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Converting Your Bankruptcy Case From Chapter 13 To Chapter 7

Submitted by Anonymous (not verified) on Wed, 05/28/2014 - 14:53

When It Makes Sense There are circumstances where it makes perfect sense to convert a chapter 13 to chapter 7. One of the reasons why someone would want to convert their bankruptcy case is due to an inability to make chapter 13 payments.

Curing Your Mortgage Arrears With Chapter 13

Submitted by Anonymous (not verified) on Tue, 05/27/2014 - 14:21

The Best Way To Cure Mortgage Arrears There is only one way that you can cure or catch up on mortgage arrearages with the help of the bankruptcy system. That way involves the filing of a chapter 13 bankruptcy case.

To File Bankruptcy Or To Not File Bankruptcy?

Submitted by Anonymous (not verified) on Sat, 05/24/2014 - 17:33

Not An Easy Decision To File Bankruptcy For many people filing bankruptcy is not an easy decision. Even though people struggle with debt for years and years, they are reluctant to actually pull the trigger on a bankruptcy filing. It could be due to pride.

Do Most Bankruptcy Lawyers Accept Payment Plans?

Submitted by Anonymous (not verified) on Sat, 05/24/2014 - 00:12

Most Bankruptcy Lawyers Accept Payment Plans Most bankruptcy lawyers accept payment plans because they know that clients are struggling financially. Bankruptcy attorneys understand that clients are overwhelmed with debt.

Bankruptcy Trustee Searches For Assets

Submitted by Anonymous (not verified) on Fri, 05/23/2014 - 18:45

In every Chapter 7 bankruptcy case, there is a Trustee appointment by the court to oversee the administration of your case. In most cases, there are no assets to be administered. However, the Trustee still needs to do an investigation to make certain.

Bankruptcy And Foreclosure: Can I Save My Home?

Submitted by Anonymous (not verified) on Fri, 05/23/2014 - 00:35

Chapter 7 & Foreclosure Filing bankruptcy can go a long way toward saving a home that’s in foreclosure. Each chapter of the bankruptcy code will affect the outcome or the continuation of a foreclosure case differently. Under chapter 7 bankruptcy law, and automatic stay will kick in which will temporarily halt a foreclosure case.

Can I File Chapter 13 Bankruptcy If I Am Unemployed?

Submitted by Anonymous (not verified) on Thu, 05/22/2014 - 20:38

You don’t have to be employed to file Chapter 13 bankruptcy. However, you do need a steady source of income to be able to fund the chapter 13 plan. This income could be Social Security, disability, rental income, investment income, unemployment benefits and other sources of income such as family assistance.

Three Tips For A Successful Chapter 13 Bankruptcy Case

Submitted by Anonymous (not verified) on Thu, 05/15/2014 - 03:40

 Chapter 13 Bankruptcy Case Tip 1 There are many tips that I can give you which will help you have a successful chapter 13 case or at least the most success possible under your circumstances.

Bankruptcy Case Study For Eddie B. From Chicago, Illinois

Submitted by Anonymous (not verified) on Thu, 05/15/2014 - 00:09

Real Estate Property This is the case of Eddie B. who comes to me from Chicago, Illinois, which is located in Cook County, Illinois for a bankruptcy consultation. Eddie has filed a chapter 7 bankruptcy but it’s been over 12 years so he is eligible to file again. He owns a single-family home worth approximately+ Read MoreThe post Bankruptcy Case Study For Eddie B.

When Is Filing Chapter 7 Bankruptcy A Mistake?

Submitted by Anonymous (not verified) on Wed, 05/14/2014 - 01:20

Filing Is A Mistake If…. Filing chapter 7 bankruptcy is a mistake if you have assets that are going to be taken in exchange for your fresh start. It is one thing if you know that your assets are going to be taken and you’re willing to sacrifice them.

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