Chapter 13 Turns the Power of the “Automatic Stay” into a Superpower
If Chapter 7 strengthens your hand against your secured creditors, Chapter 13 turns you into Superman. It starts with a much more robust “automatic stay.”
If Chapter 7 strengthens your hand against your secured creditors, Chapter 13 turns you into Superman. It starts with a much more robust “automatic stay.”
Over the last 30 years in America, more of the rich are living among the rich, and more of the poor are living among the poor.
Your secured creditors are often the ones you most care about, because the creditor can take your collateral. Chapter 7 strengthens your hand, improving your options.
You may have serious financial problems but have still managed to keep current on your mortgage. How does bankruptcy NOT hurt your home but instead protects it?