Monthly Archives: June 2012

MODIFYING PLAN PAYMENTS IN A CONFIRMED CHAPTER 13 CASE

A debtor has filed the Voluntary Petition in a Chapter 13 case in the District of South Carolina. The Chapter 13 Plan or Plan of Reorganization has, often after much work, been confirmed and now at a later time, the … Continue reading

Posted in Chapter 13 Bankruptcy, Chapter 13 Bankruptcy Plan | Tagged , | Leave a comment

WHAT IS A REDEMPTION IN A CHAPTER 7 BANKRUPTCY CASE?

If you file a Chapter 7 case and you have a creditor who has a security interest in the property, you may be able to redeem the property and keep it rather than paying for the property pursuant to the … Continue reading

Posted in Chapter 7, Filing Bankruptcy Issues, Making the Decision to do Something | Tagged , , | Leave a comment

CHAPTER 13 BANKRUPTCY AND MAKING THE PAYMENTS TO THE TRUSTEE

Once your chapter 13 plan is confirmed by the Bankruptcy Court Judge, your duties do not end. The payments that you must send to the Trustee each month actually have to be received by your Chapter 13 Trustee. All Chapter … Continue reading

Posted in Chapter 13 Bankruptcy | Tagged , , , | Leave a comment

SHOULD A DEBTOR BE TERRIFIED OF THE FIRST MEETING IN A CHAPTER 7 BANKRUPTCY?

Debtors who attend come to the First Meeting of Creditors also known as the 341 hearing often arrive at the hearing scared, terrified and confused about what is about to happen. The time to worry about your case is not … Continue reading

Posted in Chapter 7 | Tagged , , | Leave a comment