Why are there so few mortgages in Tampa Bay these days? You may not see them, but they are there – lurking in the watery depths, elusive and stealth-like, often passing by unnoticed. Their senses are among the most well developed in the animal kingdom, which is why some call them the "perfect predator". and Tampa Bay is their nursery.
Contested Matter What is Contested Matter? Bankruptcy rules do not define the term contested matters and do not list disputes which can be settled as a contested matter, but under bankruptcy rule 9014 the code does establish procedures to resolve disputes.
Chapter 13 of the United States Bankruptcy Code provides an individual the opportunity to propose a plan of reorganization to reorganize their financial affairs while under the bankruptcy court’s protection. The purpose of chapter 13 is to enable an individual with a regular source of income to propose a chapter 13 plan that provides for their various classes of creditors.
Chapter 13 A section of the U.S. Bankruptcy Code that deals with reorganization of debt of wage-earning individuals, including the opportunity to save their homes from foreclosure. Chapter 13 A form of bankruptcy in which a person or company reorganizes his/her/its debts so they are repaid over a period.
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Definition from Nolo’s Plain-English Law Dictionary A type of consumer bankruptcy designed to help debtors reorganize their debts and pay all or a portion of them over three to five years. In Chapter 13 bankruptcy, debtors keep their property and use their income to repay creditors according to a monthly repayment plan.
· Bad Faith Chapter 13 Bankruptcy NJ. Much to your surprise, someone you loaned a substantial amount of money to just filed for Chapter 13 bankruptcy protection and didn’t even give you the courtesy of a phone call in advance.
Chapter 13 Bankruptcy Definition – Wondering if bankruptcy is right for you? Get a free confidential bankruptcy evaluation. We offer solutions to your financial problems.
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The trustee is a private individual or corporation appointed in all chapter 7, chapter 12, and chapter 13 cases and some chapter 11 cases. The trustee’s responsibilities include reviewing the debtor’s petition and schedules and bringing actions against creditors or the debtor to recover property of the bankruptcy estate.
Seeking Chapter 13 protection allows you to keep all your property. It simply extends the amount of time you have to repay what you owe after the bankruptcy court issues its ruling. It is possible to file a Chapter 13 bankruptcy after a Chapter 7 is completed, allowing you to seek a reduction in whatever debts remain from a Chapter 7 discharge.
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