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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
FHA Chapter 13 Buyout, Chapter 13 Bailout
FHA has been around for a while now, it's just starting to get attention thanks to the media and a political election around the corner. The economic times are shifting towards a recession. This downward spiral is being fueled by a lagging housing sector. The lagging housing sector is thanks to ...
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Chapter 13 Refinance Bankruptcy Code
Many people who have filed bankruptcy know little about the process. Often times debtors are unaware of their options in a chapter 13 because they rely on their attorney; their attorney has a fiduciary relationship with the debtor. A bankruptcy attorney's job is to know bankruptcy law, not the ...
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Chapter 13 Refinance "Buyout" Foreclosure Bail Out Options
The thought of filing for Chapter 13 bankruptcy is a tough pill to swallow for many homeowners. Many attorneys fail to tell their debtors that they have options beyond filing a BK 13. For many, the Chapter 13 is the best option because it provides a fresh start and freezes interest and penalties. ...
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Declaring Bankruptcy - Is Chapter 13 The Answer To Your Problems?
Chapter 13 is the chapter under the bankruptcy code which allows a person to repay all or a portion of his or her debt under the protection of the bankruptcy court. Chapter 13 is designed for individuals with regular income who desire to pay their debts but are currently unable to do so. Unlike ...
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Chapter 13 Can Save You From Foreclosure, Short Of A Discharge
In today's poor economy, where home foreclosures seem to be commonplace, and where debtors have few options to stop a foreclosure, when the bank does not want to negotiate with the debtor, a chapter 13 filing may be the only way out. The bankruptcy code has set a time frame which a debtor can not ...
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Outline of Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a bankruptcy program that lets the debtors who qualify for it keep most of their property, and pay off a part of their debts to the creditors according to a payment plan. Its main peculiarity is that it's designed not only for regular individuals living severe financial ...
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Chapter 13 Bankruptcy Cases
Chapter 13 is for individuals with a standard income, keeping in mind their intention to pay their debts but are unable to do so in a timely manner. The rationale of Chapter 13 is to facilitate financially distressed individual debtors to propose and carry out a settlement plan under which ...
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Chapter 13 Bankruptcy Dismissal
Bankruptcy is a legally declared inability of an individual or organization to pay creditors. During the course of a bankruptcy, a debtor may ask a court to dismiss the case. If the court finds that dismissal will not harm the creditors, ordinarily a court will grant a petition to dismiss a Chapter ...
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Chapter 7 and Chapter 13 Bankruptcy - Choose The Wrong Option and You Could Lose Everything
There are two legal processes in the United States for dealing with your debts. Chapter 7 bankruptcy , also known as "straight bankruptcy" or liquidation bankruptcy, involves surrendering your assets in exchange for eliminating your unsecured debts, like credit cards. If your assets are exempt, you ...
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Chapter 13 Payments - Understanding Bankruptcy Repayment Plan
Chapter 13 payments are arranged through the reorganization of debt at the time when bankruptcy is filed. The debtor is required to make regular payments directly to an assigned Trustee who oversees the case. When Chapter 13 payments are received, the Trustee disperses payments to creditors until ...
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