Posts Tagged ‘chapter 13 bankruptcy’

Can I receive a settlement while in a Chapter 13 bankruptcy?

I am currently in a Chapter 13 bankruptcy, but might get awarded a settlement. Will I be able to receive this settlement or will it go to the bankruptcy trustee?


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2 comments - What do you think?  Posted by Guest Author - May 16, 2010 at 5:03 am

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How do you keep your home when filing medical bankruptcy? Chapter 7 or 13?

We are in the process of closing on our first house and don’t want to mess this up. My husband is being forced to file bankruptcy soon on ONLY medical bills. I don’t know if the bankruptcy should be filed just after closing to prevent a lawsuit from one of the creditors or if we should just go to court and settle the bankruptcy after a judgment has been passed. If we filed chapter 13 bankruptcy, what kind of percentage of the total bills do you usually have to pay on medical bills; or does it depend on your income and expenses? Help please! Also, will our credit cards (which we do NOT have a problem with) be taken away from us?


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5 comments - What do you think?  Posted by Guest Author - May 14, 2010 at 9:54 am

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How long after filing for Chapter 7 Bankruptcy can you file for Chapter 13?

My sister has been dealing with the IRS for a while and she was recently told by a friend of hers that she could file Chapter 13 Bankruptcy to get all her bills organized and establish a payment that would help her meet her obligations and keep her house. My understanding is that once you file Bankruptcy you can not do it again for 10 years. I could be wrong though -


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2 comments - What do you think?  Posted by Guest Author - May 12, 2010 at 9:49 am

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Can I buy myself out of a joined Chapter 13 bankruptcy?

My husband and I are in a chapter 13 Bankruptcy. We are going through a divorce now. Can I buy out of the Chapter 13 and file a Chapter 7 by myself?


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1 comment - What do you think?  Posted by Guest Author - May 9, 2010 at 7:34 am

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How long before I can purchase a home after a Chapter 13 Bankruptcy?

If I was to file for Chapter 13 Bankruptcy, how long would it take for me to be able to purchase a home with FHA. How long will it take before creditors approve me for credit.

Thank you,


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2 comments - What do you think?  Posted by Guest Author - May 8, 2010 at 7:31 am

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How Much is Credit Card Repayment Principle Reduced Under Chapter 13 Bankruptcy Filing?

I am considering filing Chapter 13 Bankruptcy and know that I will have to pay back the creditors under the repayment plan between 3 and 5 years. I am trying to figure out how much I will be paying per month to the trustee.

I live in Florida, have 000 in unsecured credit card debt, 000 in a car loan and pay 00 a month in child support.
I make about 000 a year gross.


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4 comments - What do you think?  Posted by Guest Author - May 2, 2010 at 5:01 am

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Can you start a website business while in Chapter 13 Bankruptcy?

I am currently in Chapter 13 Bankruptcy, and I was wondering if I can start an internet business. I would like to start a Website and make me some extra money if it is possible, however I don’t know if it would affect my current Chapter 13 Bankruptcy in anyway. If possible, Does anyone have any GOOD ways to make money online. If you are going to be a smart ass please don’t respond to my question.


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2 comments - What do you think?  Posted by Guest Author - May 1, 2010 at 5:01 am

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Am I able to claim medical bills that were filed in a Chapter 13 bankruptcy on my taxes?

I’m uninsured and was rushed to the hospital and the total bills were over ,000.00. I ended up having to file Chapter 13 bankruptcy since I don’t make enough to pay them back. I need to know if I can file it on my taxes since I’m paying them back but not all of it.


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6 comments - What do you think?  Posted by Guest Author - April 30, 2010 at 5:23 am

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Is it possible to get a new home load while in Chapter 13 Bankruptcy?

I have been in Chapter 13 Bankruptcy for 2 years and it will be discharged in 1 more year. Is it possible to get a ,000 – ,000 home loan? If so how and with which lenders?
Actually the court can approve that you can get a loan. The only reason it was filed is bc we had an enormous amount of medical bills. That was it.


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3 comments - What do you think?  Posted by Guest Author - April 26, 2010 at 7:30 am

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What is the loan modification with your mortgage while in Chapter 13 bankruptcty?

After filing Chapter 13 bankruptcy (mortgage included -fixed rate) my husband became unemployed, so we are now 6 months behind on our mortgage and our attorneys are submitting for a loan modification, what is the process? Is a loan modification always granted?
My husband is now currently working and has been for 3 months now, it has just taken us this long to finally get in touch with our attorneys and also the mortgage lenders attorneys.


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2 comments - What do you think?  Posted by Guest Author - April 22, 2010 at 12:18 pm

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