Articles specifically discussing Chapter 13 bankruptcy cases filed in Texas.
Chapter 13 bankruptcy allows you to reorganize debt. Reorganizing debt means different things depending on the type of claim. The repayment terms of some types of debts are for the most part unaltered by Chapter 13 bankruptcy. However, car claims… Continue Reading
Chapter 13 bankruptcy cases are usually between three and five years long. These cases take a significant amount of time because the debtor’s debt is paid (or not paid) according to a plan to reorganize the debt. This plan is… Continue Reading
Lenders who loan money for the purchase of a vehicle usually retain a security interest in the vehicle. This means that if the borrower misses payments to the lender due under the promissory note then the lender can repossess the vehicle. The lender doesn’t… Continue Reading
If you file Chapter 13 bankruptcy, eventually you are going to hear the term TRCC. TRCC stands for Trustee’s Recommendation Concerning Claims. This is the part of the bankruptcy case where the Trustee reviews the claims filed in the case… Continue Reading
Confirmation in Chapter 13 bankruptcy is the process of getting a reorgranization plan approved by the court. When a bankruptcy case begins the debtor files a Chapter 13 plan. This plan states how he intends to treat his creditors in… Continue Reading