Category Archives: Chapter 13 Bankruptcy

This is a general information section regarding Chapter 13 Bankruptcy

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

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BANKRUPTCY MAY NOT BE THE ONLY WAY TO SAVE YOUR HOME

Many people try to save their homes from foreclosure using the bankruptcy processes. Many times, bankruptcy is the only way to save your home and stop a foreclosure. Looking at all the ways to try and save your home is … Continue reading

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CHAPTER 13 AND DISPOSING OF PROPERTY

During a Chapter 13 case, the Bankruptcy Court in the District of South Carolina retains control over your property or assets, whether they be a car, a house or a piece of furniture. A debtor in a Chapter 13 case … Continue reading

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BUYING SOMETHING WHILE IN A CHAPTER 13 PLAN

Life always requires certain tradeoffs, for example, if you want to lose weight you cannot eat chocolate cake unless you exercise more. Chapter 13 has its own rules that you must follow if you want to be allowed to use … Continue reading

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LIEN STRIPPING AND HOW IT COULD SAVE YOUR HOME

Lien stripping allows a mortgage that is under-secured to be reduced to the value of the property securing the mortgage. This sounds wonderful, but, it will not save your home. The reason for this sad fact is caused by the … Continue reading

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TWO TRUSTEES IN SOUTH CAROLINA BANKRUPTCY CASES, WHY?

TWO TRUSTEES IN SOUTH CAROLINA BANKRUPTCY CASES, WHY?  If you file a bankruptcy case is South Carolina under Chapter 7 or Chapter 13, you will always have a Trustee assigned to oversee your case. This person is called the case Trustee and … Continue reading

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