Let's get technical for a moment. § 1322(b)(1) of the Bankruptcy Code, Title 11 reads that a Chapter 13 plan of repayment “may modify the right of holders of secured claims, other than a claim secured only by a security interest in real property that...
A person, otherwise known as Chapter 13 debtor, who files a Chapter 13 bankruptcy case may generally retain a motor vehicle. In fact, if current on the loan payments, a debtor may make monthly payments on the loan outside of the Chapter 13 repayment plan....
A knowledgeable bankruptcy attorney may provide information about your rights as a prospective bankruptcy filer so you may determine whether bankruptcy is the best option available. Then, an experienced bankruptcy attorney like Alberto Montefalcon may file your case and assume the role of primary contact...
If you have financial problems, you shouldn't be reluctant to take advantage of the benefits of filing a bankruptcy case. What are the benefits of bankruptcy? It will provide a fresh financial start while relieving a taxing amount of stress and anxiety, allowing a person...
Most Americans have some amount of credit card debt. Some have an easier time of paying it than others. Often, people take on a little more than they can handle and, over time, they accumulate tens of thousands of such debt without having the sufficient...
Whether you should file bankruptcy is an important, if not crucial, analysis, Alberto Montefalcon and his experience may be invaluable to anyone who needs to make this determination. An experienced and knowledgeable bankruptcy attorney such as Alberto Montefalcon may assist anyone whose financial situation necessitates...
Federal law in Chapters 7, 11, and 13 of the Bankruptcy Code (Title 11), details the type of bankruptcy relief available in the United States. Today's blog, the last in a series, addresses some questions that you should ask if you are unsure which type...
Federal law in Chapters 7, 11, and 13 of the Bankruptcy Code (Title 11), details the type of bankruptcy relief available in the United States. Today's blog, the second in a series, addresses some questions that you should ask if you are unsure which type...
Federal law, specifically chapters 7, 11, and 13 of Title 11, detail the most common types of bankruptcy relief. Today's blog, the first of a series, addresses some questions that you should ask if you are unsure which type of bankruptcy is best for you. Chapter...
When life's problems cause you to get behind on mortgage payments with the resulting consequence that you face the possibility of the foreclosure of your family's home, bankruptcy may help save it. After all, your home is the most important, vital asset that you own. How...