By Jeff Field | Published February 24, 2025 | Posted in Bankruptcy | Tagged Tags: chapter 13, chapter 7, child support | Leave a comment
Child Support and Bankruptcy
Overwhelming debt can force individuals into very difficult decisions. Fortunately, bankruptcy gives many people the opportunity to stop creditor harassment and relieve their financial burden. For some people, this comes through a Chapter 7 debt discharge, while others opt for a Chapter 13 repayment plan. However, not all debts can be addressed through a bankruptcy Read More
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Modifying a Chapter 13 Repayment Plan Due to a Medical Crisis
Chapter 13 bankruptcy requires filing parties to abide by a strict repayment schedule lasting three or five years. These plans are crafted carefully by taking into account a debtor’s income and recurring expenses. No one can be sure what the future holds though, and there are instances where a medical crisis or some other unexpected Read More
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How Disposable Income is Calculated in a Chapter 13 Bankruptcy
Homeowners and others who have a steady income but have fallen behind on their financial obligations frequently file for Chapter 13 bankruptcy. This form of debt relief offers individuals the chance to stop harassment from creditors and catch up on what they owe based on a schedule lasting three or five years. Under Chapter 13, Read More
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Researchers Work to Reduce Bias in Bankruptcy Proceedings
Bankruptcy can be life-changing for people who are held back by debt that they are unable to repay without some help. Every person who legally qualifies for bankruptcy protection should be able make a fresh financial start. Unfortunately, researchers at MIT have found that bias on the part of trustees might be preventing some Black Read More
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Inflation Cited As Factor As Bankruptcies Increase
If you’ve felt extra financial pressure over the past couple of years, you’re not alone. Data from 2023 shows that bankruptcies are on the rise in the United States. While multiple factors have contributed to this increase, one significant driver is the persistence of inflation following the COVID-19 pandemic. As prices for essential goods and Read More
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What Is the Trustee’s Role in a Chapter 13 Bankruptcy?
Chapter 13 is a type of bankruptcy relief that affords individuals protection from creditors as long as they pay off a portion of their outstanding debts over time according to a court-approved plan. The plan is supervised by a trustee, who acts as the court’s overseer throughout the process. The trustee plays a pivotal role Read More
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Is it Better to Take on a Three-Year or a Five-Year Chapter 13 Plan?
Chapter 13 is a form of bankruptcy meant for people who, despite being in financial straits, have the resources to repay at least a portion of their outstanding debts over time. Those debts are discharged only after the debtor completes a court-approved repayment plan that lasts three or five years. Which time period applies depends Read More
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How Soon After Filing a Bankruptcy Can You File a Second One?
Bankruptcy is a legal process designed to help individuals and businesses overcome overwhelming financial difficulties by providing a fresh start. For individuals, the two most common forms of bankruptcy are Chapter 7 and Chapter 13. While these chapters serve similar purposes, they differ in their approach towards debt resolution and in their allowance of second Read More
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When and How Can You Modify a Chapter 13 Plan?
Chapter 13 bankruptcy is a powerful tool for people who are struggling with insurmountable debt. It allows you to pay off your unsecured debts monthly over a period of three or five years, and at the end of your repayment plan, the remaining debts will be discharged. The size of your monthly payment is based Read More
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What Happens in Chapter 7 if There’s Too Much Equity in Your Home?
Most Georgia bankruptcy filers prefer taking the Chapter 7 route because it results in discharging outstanding debts while allowing debtors to keep most or all of their property. However, you shouldn’t assume Chapter 7 is the right fit for you. There are several factors to consider first, including your income, your expenses and whether you Read More
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5.0/5.0Great process. Detailed communication provided resources for rebuilding. Would recommend!
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I had an excellent experience working with my bankruptcy attorney. From the very beginning, they were professional, knowledgeable, and compassionate. Filing bankruptcy can be overwhelming, but they took the time to explain every step of the process, ...
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I had a great experience using Jeff Field and Associates for filing my Bankruptcy. Everyone was very professional and helpful. Connie Adams was so knowledgeable and patient with all of my questions I’m so glad that I chose this law firm and would r...
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Great experience from start to finish. The process was smooth and stress-free, and Ms. Connie was amazing throughout—very helpful, professional, and supportive. I truly appreciate all the guidance and would highly recommend this firm.
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I'm just finishing up 5 years of bankruptcy, and I honestly don't know how I would've done it without this Group. Everyone was super professional every time I reached out with questions, and they were always there to answer them. I eve...
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