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Late on Chapter 13 bankruptcy payment. What now?

If you miss a payment or think you could be late in the future, reach out to your bankruptcy trustee or your attorney immediately and let them know. Chapter 13 bankruptcy, also known as ... read more

Chapter 13 Bankruptcy: How It Works, Eligibility & Alternatives

The trustee, in turn, distributes the money to the debtor's creditors. Debtors have no direct contact with their creditors under Chapter 13 protection. At the end of the repayment period ... read more

Here's What You Need To Know About Filing For Chapter 13 Bankruptcy

you'll be responsible for making payments to a trustee, who will then distribute those payments to your creditors on your behalf. One of the major benefits of Chapter 13 bankruptcy over Chapter 7 ... read more

What Is Chapter 13 Bankruptcy? Definition & Eligibility

Chapter 13 bankruptcy can only be declared if one meets ... If that petition is successful, the case is given to a trustee who will oversee the case. Because major assets aren't liquidated ... read more

Is paying off Chapter 13 bankruptcy early a good idea?

When you file your Chapter 13 case, your bankruptcy trustee and you or your attorney decide on a reasonable amount of debt — generally, less than what you actually owe — that you can manage to ... read more

Bankruptcy & Payroll Deductions

Once you and your creditors agree on a payment plan, monthly payments are made to the Chapter 13 trustee who then pays the creditors. While the repayment plan is in place and payments are being ... read more

Chapter 7 vs. Chapter 11: What's the Difference?

United States Courts. "Chapter 13 - Bankruptcy Basics." United States Courts. "Chapter 11 - Bankruptcy Basics." U.S. Department of Justice. “U.S. Trustee Program Ready to Implement the Small ... read more

Chapter 7 vs. Chapter 13 Bankruptcy: Which Is Best for You?

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S ... read more

Citing threats, Vanderburgh elections supervisor will leave

Hayden worked in the County Commissioners' office under then-President Cheryl Musgrave in 2006, then worked for Musgrave's husband, Bankruptcy Trustee Robert Musgrave, as a court deputy in ... read more

Can I Keep My Business If I File for Chapter 7 Bankruptcy?

The bankruptcy code reserves Chapter 13 bankruptcy for people who want to ... This keeps your creditors from collecting from you. The U.S. Trustee will appoint a bankruptcy trustee to administer ... read more

Don’t punish marijuana workers in bankruptcy proceedings

The past few years weren’t the best of times for Scott Blumsack. By 2021 when he filed for bankruptcy he had amassed more than $1 million in debt — including $459,000 in secured debt from ... read more