This video talks about obtaining credit while in a Chapter 13 bankruptcy case. Jesse Barrientes: What happens if – because it’s going to be lean living during this time. What happens if I need to get credit? If I’m going to be able – if I’m locked into this plan for three years or five+ Read More The post Obtaining Credit While In A Chapter 13 Bankruptcy Case appeared first on David M. Siegel.
This video talks about keeping all of your property in a Chapter 13 bankruptcy case. However, the debtor could elect to surrender property as well. It really depends upon the desires of the debtor. David Siegel: Does someone get to keep all of their property when they are in a Chapter 13 or do they+ Read More The post Keeping Property In A Chapter 13 Bankruptcy Case appeared first on David M. Siegel.
This video talks about creditors and their acceptance or rejection of a proposed plan. David Siegel: Let me ask you this, Jesse. Do creditors object to your plan for your organization or do they just accept it? Jesse Barrientes: It depends on the creditor. Sometimes they object. Essentially, and we talked about this which is+ Read More The post Creditor Objections In A Chapter 13 Bankruptcy Case appeared first on David M. Siegel.
This video talks about the desire to have the first plan payment in hand when filing a Chapter 13 bankruptcy case. It is required by my office in most cases. There are some exceptions. Your office, Dave, you also do the first plan payment as well. Do you not? David Siegel: What I like to+ Read More The post Is The First Plan Payment Required In A Chapter 13? appeared first on David M. Siegel.
This video talks about the method of paying the Chapter 13 Trustee. Payroll control is the best way to have success in your Chapter 13 case. Jesse Barrientes: So how do I pay the trustee? Do I send them a check? A money order? How does that work? David Siegel: Well, if you are gainfully+ Read More The post How Do I Pay The Chapter 13 Trustee? appeared first on David M. Siegel.
Your budget as compared to IRS standard allowances is going to determine, in part, how much you pay back to creditors over the life of your plan. The video below touches upon that notion. Jesse Barrientes: Well, you mentioned the plan payment. How do I go about paying the trustee? So assume now we have+ Read More The post How Is The Chapter 13 Payment Amount Determined? appeared first on David M. Siegel.
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