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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 Does Chapter 13 Bankruptcy Do to Your Credit?
Contrary to popular myth, bankruptcy does not “ruin your credit.” Unfortunately, a bankruptcy debtor’s credit score is most likely already damaged by repeated late payments and other negative information. It’s true that bankruptcy will take…
How Long Does Chapter 13 Stay on Your Credit Report in Athens, GA?
Chapter 13 public record filings usually remain on credit history reports for seven years. When debtors repay all their secured debt delinquency and, in some cases, many of their unsecured debts as well, Chapter 13…