Comments on: Secured Debt in Bankruptcy: No Free Lunch

By: How Long Does Bankruptcy “Freeze” Foreclosure? | Bankruptcy Questions? - National Bankruptcy Forum

Fri, 21 May 2010 18:44:57 +0000

[...] stay in place and stave off foreclosure, you’ll have to be able to make your normal monthly mortgage payments. Chapter 13 bankruptcy may be able to help you catch up on past due payments or even modify a [...]

By: What Is the Rule With Homes and Bankruptcy? | Bankruptcy Questions? - National Bankruptcy Forum

Tue, 02 Feb 2010 19:47:36 +0000

[...] pay the mortgage. Bankruptcy can eliminate unsecured debt such as credit cards, but requires that secured debts be paid after filing if the debtor wishes to keep the colatteral (car, home, boat etc.) In some [...]

By: Can Chapter 13 Bankruptcy Lower My Car Payments? | National Bankruptcy Forum

Thu, 14 Jan 2010 21:47:50 +0000

[...] 13 bankruptcy allows for the “cram down” of auto loans and other secured debts. This means that if you owe more than your car is worth, the amount of your loan that exceeds the [...]

By: Is a Chapter 13 Bankruptcy the Right Choice? | National Bankruptcy Forum

Is a Chapter 13 Bankruptcy the Right Choice? | National Bankruptcy Forum — Tue, 05 Jan 2010 15:44:21 +0000

[...] than $1,101,650.00 of noncontingent, liquidated, and secured debt. If you aren’t sure what type of debt you have, contact an [...]

By: Discharging Debt | National Bankruptcy Forum

Discharging Debt | National Bankruptcy Forum — Mon, 14 Dec 2009 18:43:07 +0000

[...] obligation to pay certain debts. Remember that if you wish to retain property like a car or home, payments must be made after bankruptcy. A discharge, however, is not available to all bankruptcy filers. A discharge is available to a [...]

By: Bankruptcy Forms: The Statement of Intention | National Bankruptcy Forum

Bankruptcy Forms: The Statement of Intention | National Bankruptcy Forum — Mon, 07 Dec 2009 20:12:12 +0000

[...] a debtor is required to file a Statement of Intention specifying whether the debtor intends to retain or surrender property. For example, the debtor will specify whether a home or car will be kept after bankruptcy or [...]

By: Is my lender more likely to modify my mortgage if I file for chapter 13 bankruptcy? | National Bankruptcy Forum

Tue, 17 Nov 2009 04:35:21 +0000

[...] of secured debt in chapter 13 plans must conform with the requirements of section 1325(a)(5) of the Bankruptcy Code [...]