Chapter 13 Strategies
Strategies for handling Chapter 13 repayment plans, mortgages, and liens in bankruptcy petitions.
15 articles in "Chapter 13 Strategies"
Cram Downs of Real Property and Vehicle Liens in Bankruptcy
Often times debtors owe more on their property than it is worth. When this is the situation, debtors have some choices that their attorney will offer or recommend, which may include a cram down.
Chapter 13 StrategiesStripping Mortgages in Bankruptcy
When debtors want to keep property associated with an unsecured loan, the attorney may attempt to strip the mortgage lien. Lien stripping involves the complete elimination of a lien (loan), and the associated liability that goes with it.
Chapter 13 StrategiesChapter 7 or Chapter 13 Bankruptcy?
At 713 Training.com we often get asked questions about determining if a client should file a chapter 7 or a chapter 13 bankruptcy. From our experience we have concluded that there are many factors...
Chapter 13 StrategiesChapter 13 Vs. Debt Consolidations
Should you consider Chapter 13 vs. Debt Consolidations
Chapter 13 StrategiesAll You Need To Know About Chapter 13 Bankruptcy Laws
Do you know what Chapter 13 bankruptcy is? Well, it is the method how you can rearrange the outstanding debts that you have incurred. You need to know that Chapter 13 bankruptcy enables the debtor to...
Chapter 13 StrategiesTroubleshooting Chapter 13 Plan Problems
Our office often receives calls about Chapter 13 bankruptcy petitions from people that are struggling with one thing or another in the Chapter 13 Plan, and can’t seem to resolve it.
Chapter 13 StrategiesIs it a Chapter 7, or is it a Chapter 13? You help decide!
It has been another fun filled week in bankruptcy. We have had two cases in particular come in, that we were told were Chapter 13's, but after drafting the petitions, it appeared that the clients...
Chapter 13 StrategiesWhen Can You Cram Down a Car?
I’m often asked when a car can be crammed down in bankruptcy.
Chapter 13 StrategiesHow Banks Are Viewing Cram Downs Proposed in Bankruptcy
Thanks for all you do. And I appreciate the information you provide to us. I just wanted to add that I currently work for a major bank. I work with borrowers with defaulted business loans. And...
Chapter 13 StrategiesMortgage Cram Down and Strip Down Q and A
The following questions and answers were submitted to 713 Training.com either at a teleconference or by email during this past week. The answers are provided for training purposes only and no whole...
Chapter 13 StrategiesMortgage Cram Downs in Bankruptcy
Do your part to help save homes across America
Chapter 13 StrategiesMotion to Avoid Secure Lien and Strip Second Mortgage
When I first learned of a Motion to Avoid Secure Lien and Strip Second Mortgage I was doing a petition review for an attorney. I was told that many courts are requiring that the attorney file a...