by admin | Mar 28, 2008 | Chapter 13 FAQs
A husband and wife may file jointly under chapter 13 if each of them meets the requirements listed in the answer to Question 18 above, except that only one of them need have regular income and their combined debts must meet the debt limitations described in the answer...
by admin | Mar 28, 2008 | Chapter 13 FAQs
The debtor should immediately notify the bankruptcy court and the chapter 13 trustee in writing of the new address. Most communications in a chapter 13 case are by mail, and if the debtor fails to receive an order of the court or a notice from the chapter 13 trustee...
by admin | Mar 28, 2008 | Chapter 13 FAQs
Any natural person may file under chapter 13 if the person resides in, does business in, or owns property in the United States, has regular income, has unsecured debts of less than $250,000, has secured debts of less than $750,000, is not a stockbroker or a...
by admin | Mar 28, 2008 | Chapter 13 FAQs
Only two types of credit obligations or debts incurred after the filing of the case may be included in a chapter 13 plan. These are: (1) debts for taxes that become payable while the case is pending, and (2) consumer debts arising after the filing of the case that are...
by admin | Mar 28, 2008 | Chapter 13 FAQs
If a cosigned or guaranteed consumer debt is being paid in full under a chapter 13 plan, the creditor may not collect the debt from the cosigner or guarantors. However, if a consumer debt is not being paid in full under the plan, the creditor may collect the unpaid...
by admin | Mar 28, 2008 | Chapter 13 FAQs
If the debtor is temporarily out of work, injured, or otherwise unable to make the payments required under a chapter 13 plan, the plan can usually be modified so as to enable the debtor to resume the payments when he or she is able to do so. If it appears that the...