You can use your 401k payroll deduction to reduce your chapter 13 plan payment dollar for dollar. It may be hard to believe, but you may be part of the community who has excess income for bankruptcy purposes. Excess income is determined in the following ways: The good-faith income test In a chapter 13 the…
Foreclosure rescue fraud is not something you should be paying money into if you are behind on your mortgage, and receive a foreclosure complaint in the mail. I understand. You are panicking and scared. You do not know where to turn. The mortgage is six months behind. The postman just delivered a huge packet of…
Mortgage loan modification approval has been streamlined in Cleveland chapter 13 cases. If you are a debtor in the Northern District of Ohio in Cleveland, the court and trustee created an expedited procedure to approve your mortgage loan modification. This is hot off the presses. Each player in the process as a separate role to…
A co-debtor stay will protect your cosigner if you take the proper steps. Your buddy or relative asked you to cosign so he could get a loan. He now needs to file a bankruptcy. You heard the filing can protect you. You first need to understand how it can happen. He must file a Chapter…
You need to avoid the repo man if your chapter 13 case is dismissed. Previously I discussed the things that can happen if your chapter 13 case is dismissed. I think you will agree that the worst result is the loss of your car. We are not in the kind of community where owning a…
Chapter 13 cases can be dismissed following confirmation while they are pending. Normally this step is taken by the Chapter 13 trustee himself. When he does money is the issue. For some reason you have might failed to make plan payments when due. Commonly it happens if you or your spouse loses a job or…
Your chapter 7 case is now a converted chapter 13. How did you get to this point? Normally you filed a chapter 7 case. After review the United States Trustee decided keeping your case a chapter 7 is presumed to be abusive. In English, please? After crunching the numbers on your means test someone decided…
What can you do if you have an unresponsive bankruptcy lawyer not returning your calls? Two clients had this problem with another bankruptcy lawyer. Each case involving an unresponsive bankruptcy lawyer concerned people in chapter 13 cases. Both were represented by the same attorney. What were the situations? Each chapter 13 plan had been confirmed…
Chapter 13 Case Information is now available to clients over the internet. It will no longer be necessary for you to call my office to check status of your pending case, and to have to wait for me to obtain it. This is a service to debtors–that’s you, and is made available on a nationwide…
A New Car in Chapter 13? Need a new car? Are you currently in a Chapter 13 case in Cleveland? Let’s face it, things wear out. I’m not talking about us. Chances are that if you are in a chapter 13 case you probably don’t have the latest model car, or the car you have…