Chapter 13 News Today

If you've gotten in over your head with debt, you may have filed for a Chapter 13 bankruptcy plan, which is a way to pay your obligations over a period of three to five years and avoid foreclosure of...

Having a bankruptcy on your record can feel financially restricting. Declaring bankruptcy can cause your credit score to drop significantly and will stick around on your credit report for up to 10...

Bankruptcy and debt consolidation are both debt relief options, but they differ in how they help borrowers and who they're for.

Bankruptcy filings nationwide remain sharply lower than before the start of the coronavirus pandemic, despite a slight rise in new cases for the 12-month period ending March 31, according to a new report from the U.S. judiciary. Statistics released by the Administrative Office of the U.S. Courts on May 5 show total filings rose 2.0

Ed. Note: Welcome to our daily feature Trivia Question of the Day!How much did personal bankruptcy filings under Chapter 13 increase in 2022?Hint: Over

United States Bankruptcy Court for the District of Massachusetts denied confirmation of cannabis company employee Chapter 13 plan and dismissed bankruptcy case. Scott H. Blumsack is a general manager who is licensed in Massachusetts to work for Society Cannabis Co.

Bankruptcy may not prevent you from getting an auto loan, but you'll likely get a higher interest rate and less favorable loan terms.

Annual bankruptcy filings in calendar year 2022 totaled 387,721, compared with 413,616 cases in 2021, according to the most recent statistics released by the Administrative Office of the U.S. Courts. The office reported Feb. 6 that business filings fell 6 percent, from 14,347 to 13,481 in the year ending Dec. 31, 2022. Non-business bankruptcy filings

Allowing judges to discharge mortgage debt in bankruptcy and rewrite repayment terms would put homeownership out of reach for many Americans.

The mortgage cramdown proposal would prolong and worsen the bankingcrisis, delaying economic recovery.