Regardless of the economic climate, many people have found themselves in situations where declaring bankruptcy was the only way out. It has happened to the rich and famous, and those not so well known. Naturally, the question that always comes up when one has to go through such a procedure is – am I going […]

Following Chapter 7, Chapter 13 Bankruptcy is the most frequently used bankruptcy chapters of the United States Code. Compared to Chapter 7, it does Chapter 13 does not require any liquidation. It is typically allowed for a debtor to keep all of his property, whether it is exempted or not, as long as the Chapter […]