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What If I Fall Behind on Chapter 13 Repayment Plan Payments?
A Chapter 13 bankruptcy is also called a “wage earner’s plan,” because it allows for filers who earn a regular income to pay back their secured debts over a period between three to five years….
How Long Does Chapter 13 Stay on Your Credit Report?
In most cases, a Chapter 13 filing stays on a credit report for seven years. That’s substantially less time than a Chapter 7, because in a Chapter 13, debtors repay all their delinquent secured debts, such…
Does Chapter 13 Affect Tax Returns in Georgia?
This frequently asked question opens one of the largest cans of worms in a Chapter 13 bankruptcy. It involves various complicated issues, mostly the nature of the bankruptcy estate and the aggressiveness and diligence of…
Does Chapter 13 Bankruptcy Cover Student Loans in Georgia?
Yes, Chapter 13 bankruptcy can cover student loans, but only if “undue hardship” can be proven. This makes the question of does Chapter 13 bankruptcy cover student loans complicated. Since they are government guaranteed, student…
Busting the 10 Biggest Chapter 13 Bankruptcy Myths
Due to recent legal changes, many people are taking a harder look at bankruptcy. Unfortunately, they may fall prey to some of the biggest chapter 13 bankruptcy myths and decide not to file, even though…
How Long Does a Chapter 13 Bankruptcy Take in Georgia?
Largely depending on your income, Chapter 13 bankruptcy usually takes three or five years in Georgia. However, as outlined below, it’s usually possible to extend this time period. It’s also often possible to exit bankruptcy…
How Much Does a Chapter 13 Bankruptcy Cost in Athens, GA?
Chapter 13’s basic filing fees vary in different courts, mostly because the trustee (person who oversees the case for the judge) often adds an administrative fee. But if you’re asking how much does a chapter…
What Is Chapter 13 Bankruptcy in Clarke County Georgia?
A wage-earner plan bankruptcy could be the best way to reduce stress during a very stressful time. Largely due to the coronavirus pandemic, almost 75 percent of Americans say that finances are the number one…
How Does Chapter 13 Bankruptcy Work in Georgia?
Millions of homeowners took advantage of coronavirus mortgage deferrals during 2020. These programs were set to end at the beginning of 2021. Although the Federal Housing Administration recently gave homeowners a brief stay of execution,…
What’s the Difference Between Chapter 7 and Chapter 13 Bankruptcy in Georgia?
The different kinds of bankruptcy are for different kinds of debtors. But most debtors have at least one thing in common. They live close to financial disaster. Most Georgians do not have the cash to…