But chapter 13 is different from chapter 7 into the crucial means

But chapter 13 is different from chapter 7 into the crucial means

Table away from Content material

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  1. Qualification
  2. The fresh new Automated Remain in Section 13
  3. Throw away Month-to-month Income
  4. New Part 13 Package
  5. Home mortgages inside the Chapter 13
  6. 2nd Mortgage loans and you may HELOCs inside the Part thirteen
  7. Cram-downs of Low-Home-based Houses
  8. Taxes for the Part thirteen
  9. Credit cards, Personal loans and you can Medical Bills in the Section 13

Overview

Section 13 bankruptcy proceeding is actually a system built to leave you good fresh start in cases where you can work for by curing past-owed home loan obligations, fees and you may/or car loans when you find yourself however discharging as much of personal credit card debt, medical obligations, and private loan personal debt that one can, plus situations where you really have excess money to qualify for chapter 7. [Read more…]