This video talks about the ability, at times, to dismiss a Chapter 13 bankruptcy case in order to re-file another Chapter 13 bankruptcy case. Jesse Barrientes: Let’s take the situation that we were talking about before about getting credit. So if we are getting credit for an automobile, let’s say that it becomes difficult for […]
This video talks about the ability to pay off a Chapter 13 bankruptcy case early. There are times when this is not a good idea. Jesse Barrientes: Well, Dave, what happens if we are in this plan here for a couple years and let’s just say that I have inherited some money. And you know […]
This video talks about obtaining credit while in a Chapter 13 bankruptcy case. Jesse Barrientes: What happens if – because it’s going to be lean living during this time. What happens if I need to get credit? If I’m going to be able – if I’m locked into this plan for three years or five […]
This video talks about keeping all of your property in a Chapter 13 bankruptcy case. However, the debtor could elect to surrender property as well. It really depends upon the desires of the debtor. David Siegel: Does someone get to keep all of their property when they are in a Chapter 13 or do they […]
This video talks about creditors and their acceptance or rejection of a proposed plan. David Siegel: Let me ask you this, Jesse. Do creditors object to your plan for your organization or do they just accept it? Jesse Barrientes: It depends on the creditor. Sometimes they object. Essentially, and we talked about this which is […]
This video talks about the desire to have the first plan payment in hand when filing a Chapter 13 bankruptcy case. It is required by my office in most cases. There are some exceptions. Your office, Dave, you also do the first plan payment as well. Do you not? David Siegel: What I like to […]
This video talks about the method of paying the Chapter 13 Trustee. Payroll control is the best way to have success in your Chapter 13 case. Jesse Barrientes: So how do I pay the trustee? Do I send them a check? A money order? How does that work? David Siegel: Well, if you are gainfully […]
Your budget as compared to IRS standard allowances is going to determine, in part, how much you pay back to creditors over the life of your plan. The video below touches upon that notion. Jesse Barrientes: Well, you mentioned the plan payment. How do I go about paying the trustee? So assume now we have […]
This video talks about the percentage that is paid back to creditors in a Chapter 13 bankruptcy case. It will vary depending upon the assets, liabilities, income and expenses of a debtor. Each case is particular to the facts of that case. Jesse Barrientes: What kind of percentage do you pay back in a Chapter […]
The video below talks about the automatic stay in a Chapter 13 bankruptcy case. This is basically the protection from creditors that the filer is seeking. What is the Chapter – rather what is the automatic stay and is applicable in a Chapter 13? I know we talked of one of our other shows with […]