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Bankruptcy Attorneys in Indianapolis Since 1980

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Discharging Property Settlements in Divorce Cases: Chapter 13 and Why to File – Overview of Bankruptcy, Part 8

July 3, 2014 By TomScottLaw

Series: #13 0f 13 The previous article in this Overview of Bankruptcy series discussed how stripping off wholly unsecured mortgages is a valuable option in a Chapter 13 case, giving a debtor the opportunity to modify a wholly undersecured second or other junior mortgage. In this last article of the series, we will take a […]

Filed Under: Chapter 13, Chapter 7, Marriage & Divorce Tagged With: discharge debt

Stripping Off Wholly Unsecured Mortgages: Chapter 13 and Why to File – Overview of Bankruptcy, Part 7

May 25, 2014 By TomScottLaw

Series: #12 0f 13 Our last post took a brief look at how to protect a co-debtor in a Chapter 13 bankruptcy. This article will discuss stripping off wholly unsecured mortgages. Stripping: A Tool to Modify Unsecured Mortgages One of the most valuable options to a debtor in a Chapter 13 case is the opportunity […]

Filed Under: Chapter 13, Mortgage Tagged With: discharge debt, Mortgage creditors

Income & Assets: Basics of Bankruptcy – Chapter 13 vs. Chapter 7 – Part 1

October 13, 2013 By TomScottLaw

Not Eligible for a Chapter 7 Discharge

In this second installment of our series “Basics of Bankruptcy,” we discuss reasons to file a Chapter 13 bankruptcy rather than the less complex Chapter 7 bankruptcy. WHY FILE CHAPTER 13 ANYWAY? When considering to file bankruptcy, the first decision that probably should be made is whether you should file either a Chapter 7 or […]

Filed Under: Chapter 13, Chapter 7, Exemptions, Personal Bankruptcy in Indiana, Property & Asset Protection, Questions About Bankruptcy Tagged With: debtor, discharge debt, lower interest rates, means test, standardized expenses

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