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Debt Repayment

    Debt Repayment Editor's Picks

    • How to Figure the Debt Repayment Amount in a Chapter 13

      Before you agree to a repayment plan for a chapter 13, you should know how to figure the debt repayment amount in a chapter 13 so that you know which secured debts you will be paying on first and how the remaining unsecured debts are paid, if at all. The repayment plan can go as long as one year to five years until the discharge... more »

    • Bankruptcy Consumer Information

      In personal bankruptcy matters, both federal and state laws apply, but the requirements for commencing a bankruptcy action vary from state to state. Due to the complexity of bankruptcy law, most people considering bankruptcy retain an attorney to represent them in court and draft the bankruptcy petition and statement of financial... more »

    • About Do It Yourself Bankruptcy

      Statistics from the United States Federal Court show a total of 967,831 bankruptcies filed between June 2007 and June 2008. Individuals and families encountering difficult financial circumstances have the option of filing for a discharge of debts under federal law. Those opting for do-it-yourself filings may save a couple hundred... more »

    • How Does Bankruptcy Work?

      Bankruptcy is a way to relieve consumers who are suffering with an enormous amount of overwhelming debt. It allows the consumer to be released from their debts either completely or partially. A bankruptcy remains on the consumer's credit file for 10 years.
      Bankruptcy is a matter of federal law. If the federal bankruptcy law is... more »

    • Role of a Bankruptcy Trustee

      Bankruptcy in the United States is a under the jurisdiction of the national government. The Department of Justice includes a distinct department of specialists specifically to act in the role of trustee in bankruptcy cases. The U.S. Trustee program, created in 1978, is charged with promoting the efficiency of the bankruptcy process... more »

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