Articles Tagged with Repayment plan failure

Bankruptcy Lawyer Bryan W. Stone answers the question: “What are the pros and cons of bankruptcy?”

The bankruptcy process can seem opaque. Few people understand how filing for bankruptcy works and it can be hard to get reliable information from those who do know. This lack of information can have the unfortunate side effect of discouraging people who might otherwise benefit from bankruptcy from pursuing it. In an attempt to help demystify the whole process, let’s explore an aspect of the bankruptcy system that is likely unfamiliar to most people: the bankruptcy trustee.

Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 13 bankruptcy?”

Most people see filing for bankruptcy protection as a chance to start clean and are often excited to finally begin putting their financial troubles behind them. Many people would assume that once the bankruptcy court accepts your petition and puts you on a path towards discharge, the hard work is behind you. Unfortunately, that is not always the case, especially for those filing for Chapter 13 bankruptcy protection.