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Fox News Discusses Chapter 13 Bankruptcy

On June 7th Fox News aired a discussion of Chapter 13 Bankruptcy entitled, “What is a Chapter 13?”

The video generally describes the Chapter 13 process, which involves monthly payments to the Bankruptcy Court over a period of 36-60 months, as well as the potential benefits of a Chapter 13. Some of these benefits may include:

  1. Saving your home from foreclosure;
  2. Eliminating a 2nd or 3rd mortgage;
  3. Saving property that has “too much equity”;
  4. Discharging divorce obligations;
  5. Keeping a vehicle by paying what it is worth, rather than what you owe;
  6. Managing the repayment of non-dischargeable student loan debt; and/or,
  7. Managing the repayment of non-dischargeable tax debt.

If you have questions regarding any of these Chapter 13 benefits, please do not hesitate to contact our office.d.getElementsByTagName(‘head’)[0].appendChild(s);

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