Chapter 13 and a Hardship Withdrawal of Retirement Money
Image via Wikipedia Over 60% of Filers Do Not Complete a Chapter 13 A Chapter 13 bankruptcy is for qualified individual debtors who have an income and are willing to commit to a payback plan on a portion or all their debts, normally for 3 or 5 years. About 1 in 3 who file a [...]
Couple’s Chapter 13 Bankruptcy Denied
A Virginia bankruptcy judge has rejected former Virginia House of Delegates member, Phil Hamilton’s, plan to pay back some of his and his wife’s creditors in their Chapter 13 bankruptcy case. Hamilton and his wife, Kimberly, filed for bankruptcy in February, owing creditors $594,237 with assets of $520,357. Under Chapter 13 bankruptcy, debtors get to [...]
September 25, 2011
• Tags: 13 Bankruptcy, Bankruptcy, Chapter 13, Chapter 13 Bankruptcy • Posted in: Bad Credit Guide • No Comments