A minimum payment in a Chapter 13 Bankruptcy will vary from district to district depending on the local rules. However, the minimum payment must cover what you must pay within the applicable commitment period. Like many things in the law that answer to that question is ” it depends.” »crosslinked«
Rachel Lynn Foley, Kansas City, MO, Bankruptcy Attorney
Bankruptcy is not a pizza! You can not just walk into an attorney and say, “Hey I want a Chapter 7 with extra cheese” and call it a day. Bankruptcy is a very specialized area of the law and if you don’t hire the right attorney or know what you are doing if you are [...]
When you file bankruptcy, you should become acquainted with the phrase: Pigs get fat while hogs get slaughtered. It is a great phrase to live by, not only during bankruptcy but in everyday life as well. This phrase goes back to the basics of bankruptcy and life. Everything must be done in moderation. More specifically [...]
When you are considering filing bankruptcy why not consider Isaiah 57:19. Isaiah 57:19 generally states “I create the fruit of the lips…”. If you hang around any attorneys you will hear “words have meaning.” So whether you consider what the Bible proclaims or attorneys proclaim the bottom line is that words have power to create [...]
Should I represent myself in a Bankruptcy is the all time question people ask themselves when considering bankruptcy. Is this a silly question? Absolutely not because Congress has mandated that attorneys inform you that you have the absolute right to represent yourself. 11 U.S.C. 527(b) of the Bankruptcy Code specifically states: “If you decide to [...]
Bankruptcy has become an epic war between debtors and creditors. These two groups are constantly battling for control of the debt in question. The debtors are seeking to either reject or modify the debt while the creditors are seeking to enforce the debt. The Bankruptcy Trustees and Judges are the negotiators enforcing the law while [...]
