Category: Bankruptcy - Chapter 13

How Do I Qualify for Chapter 13 in California?

Due Diligence, Voluntary Petition, Schedules, Exemptions, SOFA, 22C with POS, Plan with Notice of 341a and POS, Priority vs. nonpriority, Trustee fees, Classes of debt, RARA with POS, Tax and DSO Dec with POS, Postpetition payments with POS, Trustee package, Plan payments, Step-ups, Tax refund issues, 109e objections, Creditor objections, Good vs. bad faith, Best […]

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Does filing Bankruptcy stop a foreclosure in California?

Former NFL star, Mr. Eddie George, is set to lose his million-dollar home to foreclosure. For many months, Mr. George, through his accountant and agents (presumably all highly competent and paid), has been working towards a loan modification with their mortgage lender. For months, Mr. George's party has been optimistic that foreclosure would be avoided […]

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How Chapter 13 Bankruptcy Affects a 401K Loan

401K loans are debts that must be paid back and cannot be discharged in a bankruptcy. In essence, you are borrowing money from your own investments (money you have earned and set aside for retirement). There is a silver lining to paying back your 401K loans. After receiving the benefit of early withdrawal, a Chapter […]

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