How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
A new question is answered every 9 seconds

Ask a Bankruptcy Lawyer

FiveStarLaw
FiveStarLaw, Attorney
Category: General
Satisfied Customers: 3311
Experience:  Bankruptcy Lawyer. Experienced.
9968427
Type Your Bankruptcy Law Question Here...
characters left:
3 Bankruptcy Lawyers are Online Now

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Chapter 13 Bankruptcy Rules

Chapter 13 bankruptcy is one of the types of bankruptcy that people are able to file to help themselves with their debt problems. There are differences among all of the types of bankruptcy, and some types of bankruptcy may be a better fit for some people than for others. Below are questions that have been answered by the Experts regarding Chapter 13 bankruptcy.

What is chapter 13 bankruptcy?

Chapter 13 bankruptcy allows individuals to go through a financial restructuring that is overseen by a federal bankruptcy court, which is part of the U.S. bankruptcy code under the Title 11 of the Unites States Code. The purpose of Chapter 13 bankruptcy is to allow debtors that have an income to do a debtor rehab if they fulfill a plan that is court-approved. Unlike chapter 7 bankruptcy, chapter 13 bankruptcy is a type of debt consolidation.

What are the differences between chapter 13 bankruptcy and chapter 7 bankruptcy?

There are several differences between chapter 13 bankruptcies and chapter 7 bankruptcies, with the main one being that the debtor has their debts discharged and pay nothing with chapter 7 bankruptcies. While a debtor must make payments monthly to the bankruptcy court for a time of up to five years with chapter 13 bankruptcies.

If a person is planning to file chapter 13 bankruptcy and has their significant other move in with them, will the significant other’s income affect the chapter 13 bankruptcy?

A person that is planning on filing chapter 13 bankruptcy would normally not include their live in significant others income in the chapter 13 bankruptcy. If the significant other is paying some of the expenses of the house, that needs to be included. For example if they are paying the internet bill then that should be mentioned in the filing of the chapter 13 bankruptcy.

When a person files chapter 13 bankruptcy can they lose their income tax return to the bankruptcy?

Yes in most situations a person can lose their income tax return when they file chapter 13 bankruptcy; it can be taken by the trustee unless the tax return has been exempted by state law. If the tax return has been filed prior to the bankruptcy then the tax return may not be taken by the trustee. Also if couple gets married and file jointly after the bankruptcy has been filed and only one party of the marriage is filing for bankruptcy, the trustee may only take the portion from the one that has filed the bankruptcy.

What happens to renters when their landlord files chapter 13 bankruptcy?

The filing of chapter 13 bankruptcy by a landlord has no bearing on the tenants; the tenants should continue to pay their rent to keep themselves from falling into default. Due to the “Protecting Tenants at Foreclosure Act of 2009”, a person that is leasing may stay until the end of the lease. For those tenants whose lease is on a month-to-month basis, notice of 90 days is given before having to move out.

Chapter 13 bankruptcy is one option that people who are having trouble with their debt load have to rectify their situation. Deciding to file bankruptcy and figuring out which type best suits a person’s situation is a difficult decision. There are many questions that a person may have, and it is always a good idea to speak to someone who has experience in the area of chapter 13 bankruptcy.

Ask a Bankruptcy Lawyer

FiveStarLaw
FiveStarLaw, Attorney
Category: General
Satisfied Customers: 3311
Experience:  Bankruptcy Lawyer. Experienced.
9968427
Type Your Bankruptcy Law Question Here...
characters left:
3 Bankruptcy Lawyers are Online Now

How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Bankruptcy Lawyers are online & ready to help you now

Ron
ASE Certified Technician
Satisfied Customers: 21584
23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
Dr. Y.
Urologist
Satisfied Customers: 18594
I am fellowship trained specializing in general urology and reconstructive urology.
John
Home Appliance Technician
Satisfied Customers: 13453
Appliance repair business owner for over 43 years.

Recent Chapter 13 Questions

< Last | Next >
View More Bankruptcy Law Questions