by Michael Parker | Jan 25, 2012 | mortgage assistance
Even though many individuals are familiar with bankruptcy in general, few are aware of the differences between a Chapter 7 and a Chapter 13. First, a Chapter 7 bankruptcy is considered a liquidation of assets. A Chapter 13 is a reorganization of debts for an...
by Michael Parker | Jan 22, 2012 | Bankruptcy, Bankruptcy Laws, Foreclosure, Foreclosure Assistance
Many people call a Chapter 13 filed on the dawn of a foreclosure sale an emergency Chapter 13. However, it would be more accurate to call it an incomplete Chapter 13. An emergency Chapter 13 Bankruptcy is often done in order to stop the sale of a property at the very...
