Last month, ProPublica published a deep examination of how struggling black Americans are much less likely to gain lasting relief from bankruptcy than their white peers. The story focused on Memphis, where the racial gaps in the...
Question: Dear Steve, We filed for Chapter 13 bankruptcy September of 2009. The plan was confirmed on January 2010 and ultimately discharged January 2015. Included in the bankruptcy was a home equity line of credit that was...
Question: Dear Steve, My husband and I are currently in a Chapter 13 bankruptcy (one year in). The attorney we got basically aimed to do things quick and easy and our payment is honestly killing us. I’ve...
Question: Dear Steve, I filed for bankruptcy in 2009 and it was discharged in 2014. My mortgage was included in this. My question is whether or not my mortgage company can report my mortgage as being late...
Imagine you were sick. Really sick. Sick enough to go to a doctor or even a hospital. Perhaps you even looked up your symptoms on the Internet, visited WebMD, did a ton of internet research and were...
“Dear Steve, My private student loan defaulted because my co-signer filed for Chapter 13. It was in good standing as of 20 days ago and now it’s in collections with NCO Financial Systems overnight. Lender bounces me...
“Dear Steve, My husband and I filed a CH13 in efforts to save our home. 2nd mortgage was stripped and court. 4 months into bankruptcy, trustee felt we could pay 100% of debt which we would be...
“Dear Steve, My husband and I are in the middle of a Chapter 13 bankruptcy that has been a disaster from the very beginning. We were told we could only file 13 because of an appraisal on...
Below is my growing list of bankruptcy resources and links. If there is something that’s not addressed in one of those articles, guides, then feel free to ask me your question.
“Dear Steve, My husband is 66 and I am 57. My husband lost his job soon after we bought our house in 2009. He is now on social security and was working part time until he became...
“Dear Steve, Recently divorced and left with about $40,000 in credit card debt due to helping my ex-husband start his now lucrative company. I’m not bitter! I am drowning here now, however. It’s about ten credit cards...
I’ve written a number of guides about all sorts of debt related issues but for some reason, I’ve never written one about how to find a great bankruptcy attorney. So here goes. Having lived through bankruptcy myself...
“Dear Steve, My husband filed chapter 13 in Dec 2012 to save our home and we just cannot make the large payments….most of the bankruptcy payment is the house debt. Chase says we now owe $286k and...
“Dear Steve, I am paying regularly on a Chap 13 plan and I’m about 2 years in out of 5. I have always been on time with this payment, my mortgages and cars. I have no other...
“Dear Steve, Separated from my husband. we filed bankrupt separately because we lived at different addresses. he filed a chapter 7 and was done i filed a chapter 13 supposively because of income and it has been...
“Dear Steve, we thought we had a good modification only to find out 2 and half yrs later it wasnt…so we filed ch 13….since filing we obtained a good modification, signed agreed and going well…we also have...
“Dear Steve, Lost my job a few years back. Got behind on my mortgage & my already high interest car payment. Filed Ch. 13 in 2011 after starting another job that wasn’t paying a lot. Now I’m...
If you are in financial trouble and struggling to make payments, tapped out, you’ve spent down savings, or living month-to-month, then bankruptcy is worth a good hard look. Below you will find a number of links to...
Now here’s an interesting situation, a U.S. Court of Appeals upheld the bankruptcy filing of a woman who was just existing on social security benefits and food stamps. The woman originally filed a chapter 13 bankruptcy after...
For those who have declared bankruptcy, it may feel as though you’re on financial probation for up to 10 years, since that’s how long a bankruptcy can stay on your credit report. However, mortgage borrowers could be...
“Dear Steve, Filed a joint chapter 13 Our creditors meeting is in a couple days, my spouse Had to go Out of town & can’t make it, can I just go by myself Nicole” Dear Nicole, Well...
“Dear Steve, I am being sued by Wells Fargo Attorney for a credit card debit, I’ve attempted by letter to attorney to state my circumstances and that I was willing to pay 33% of the bill in...
“Dear Steve, Filled for chapter 13 2 years ago. Cant afford payments My fiancé filled for bankruptcy 2 years ago because him and his exwife maxed out the mortgage on his decreased parents house that was at...
We’ve recently launched our new bankruptcy attorney directory at bankruptcy.live-get-out-of-debt.pantheonsite.io. Our hope is that we can make it easier for bankruptcy attorneys to be found by readers and that we can feature one attorney in each city....
The most recent annual publication of bankruptcy data is out from 2011. Compared to 2010 there was an 11 percent drop in bankruptcy filings, a 23 percent drop in filer assets, a25 percent drop in filer liabilities...
“Dear Steve, I am currently under a Chapter 13 w/ a court (trustee) odered monthly payment. The trustee is seeking a dismissal based upon the wrong amount being paid every month however by their own documentation the...
“Dear Jon, I filed Chapter 13 over a 1 1/2 ago. I cant find a job even with my degree. I’ve been working with a company that helps people with disabilities because I’m deaf. My first attorney...
Out of Georgia today we see yet another example of how bankruptcy is not the job killer many gear it will be. A state administrative judge has ruled that Juvenile Court Judge Willie Saunders is eligible to...
have been in chapter 13 bankruptcy and lost my job and I informed my attorney of this tried to convert to chapter 7 and was told no need to come to meeting they had last week and...
“Dear Steve, Around $200,000 in home equity. $113,000 in debt thru 12 cards. 50,000 yearly salary. $12,000 in rental income from renting rooms in my house. $2,200 monthly mortgage. $2,500 in cc minimum payments required. I have...
“Dear Steve, My wife and I filed Chapter 13 in Sept. of 2010. We decided to only have my check garnished, since I make the most money in the household. We were struggling to get by with...
“Dear Steve, I filed Chapter 13 bankruptcy in August 2010. I had medical issues two years prior and did not pay attention to the finances due to focusing on recovering. After about 18 months I realized I...
Let’s take the mystery out of what is chapter 13 bankruptcy and eliminate your questions. No sense for you to labor under false assumptions and guesses. Bankruptcy is a legal process that allows consumers to allow the...
“Dear Steve, I was long-term unemployed for 3 years, last one with no UI as it ran out. Finally got a part-time job in February this year. During the 3 years I got 2 judgments against me...
Chapter 13 Bankruptcy Background A chapter 13 bankruptcy is usually called a wage earner’s plan. It permits people with routine salary to develop a strategy to repay all or part of their debts. Under this chapter, borrowers...
The Chapter 13 Plan and Confirmation Hearing Unless the court agrees to an extension, the debtor must absolutely file a repayment plan with the petition or inside 14 days after the petition is filed. A plan must...
I am recently divorced and due to hardship filed for chapter 13 bankruptcy. After 5 months of negotiations with the trustee; it has now become questionable if I am able to do the chapter 13 and still...
My husband and I spoke with a bankruptcy attorney last summer, there was an issue with a loan paid back to my mother, so we waited a year. We retained him this fall. Having been unemployed for...
We have decent income and then lost 1 income 100% – churned up 45k in debt with 20k to irs some of that irs debt is 5k due form last year and 16k due from 2009 just...
“Dear Steve, We are 2 yrs into a chapter 13. Our mortage lender has filed relief of stay due to post arrears in the amount of $3000. This is a result of an increase to our monthly...
“Dear Lewis, I filed chapter 13 and can not afford to pay what was asked. The chpater 13 is being dismissed. What do I need to do to file chapter 7, and what will be my cost?...
“Dear Lewis, I filed bankruptcy (chapter 13) about 14 months ago and the payments were set very high (around 890 a month) and have had trouble ever since making payments. I have a mortgage that is about...
Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is...
“Dear Lewis, i filed bankruptcy in 2008. payments to the trustee is taking out of my paycheck.i make the mortgage payments. when i filed, i place 3 payments in the bankruptcy. i got here due to many...
“Dear Lewis, I am currently 1-year into a Chapter 13 Bankruptcy. When I initially filed I was making a set income, after 6-months into the C13 I received a promotion and my salary increased substantially (90k per...
“Dear Lewis, Filed bankruptcy (Chapter 13) 6 months ago and have found ourselves in a difficult situation. Our car has broken down to the point that it is not worth fixing. We need to get a new...
“Dear Lewis, I took on more than I can handle in a short period of time. I took out secured installement loans and I got behind on them. I also had a title pawn out on my...
“Dear Lewis, i am being sued by collection/ law firm(s) have received a citation of suit from a lawyer representing citibank. i have done online search for low cost attorney and spoke with one on the phone...
“Dear Steve, we are having a hard time making our ch 13 payments and thinking a bout converting to ch7 from ch13 and wanting to keep our truck We have a ch 7 bankruptsy we filed in...
I am 47 years old and single mother to two teenaged children. I have a decent job and make good money for the area where I live. I bought a home in 2008, put $30,000.00 down on...