Despite state laws legalizing production of marijuana for medical use, it is not a legitimate revenue source to fund a Chapter 13 Plan. Medical Marijuana laws have been enacted in sixteen states and the nation’s capital city, Washington, DC, as of September 2011. An additional six states have pending legislation to legalize the use of [...]
Chapter 13 Plan
“Bankruptcy: What is Chapter 13 Bankruptcy?” provides a general overview of a Chapter 13 bankruptcy. But exactly how does Chapter 13 bankruptcy work?  Will I be able to keep my house? My car? These are questions that I hear often from clients who are considering their bankruptcy options. This article discusses the purpose for which Chapter 13 [...]
Mortgage companies often fail to discharge a mortgage, even in the face of a Court order directing them to do so. When you file a Chapter 13 bankruptcy, you often can get rid of your second mortgage if the balance of the first mortgage is greater than your home’s value. If this is the case, [...]
If you are in a Chapter 13 Plan in the Eastern District of Louisiana, which is the Bankruptcy Court for the Greater New Orleans area, the mailing address for the mailing of your Chapter 13 Plan payments has changed. You should now send your Chapter 13 Plan payments to: S. J. Beaulieu, Jr., Chapter 13 Trustee, [...]
In a Chapter 13 bankruptcy the debtor proposes a Plan where he makes monthly payments of the arrearages (past due debt) to the Chapter 13 trustee. Because money is already tight, the question I hear most often from clients is when will the first Chapter 13 Plan payment due? The general rule is found in the Bankruptcy Code, [...]
