Chapter 13 “adjustment of debts” gives you extraordinary advantages over creditors, especially over certain kinds of creditors. Here's the sentence we're exploring today: You can file a Chapter 13 case if 1) you are “an individual,” 2) you have “regular ... Read More »
Making Sense of Bankruptcy: Filing without Your Spouse to Protect His or Her Assets
You may not need to file bankruptcy without your spouse to prevent her or her asset(s) to be liquidated. Here’s the sentence that we’re explaining today: If you want to prevent your spouse’s separate assets from being potentially taken by a bankruptcy trustee, don’t ... Read More »