Can Bankruptcy Help Homeowners In Foreclosure

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Chapter 13 Bankruptcy

July 30th, 2009

Sometimes, filing for bankruptcy protection is the only way to keep your home But, bankruptcy is not something you do if you have other options. There are many other ways that you can try to prevent foreclosure or stop foreclosure before you think about filing for bankruptcy protection. Get a free consultation before you settle for filing bankruptcy to make sure there is nothing else you can do. Bankruptcy is very bad for your credit and you are going to suffer lots of consequences in the process.

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If filing for bankruptcy protection is the right thing for your situation, you need to decide what type of bankruptcy you are going to file. Most people file for Chapter 13 bankruptcy. You usually can keep your home while slowly repaying your debt with Chapter 13 bankruptcy protection. You need to read up about it if you are really interested in filing. This book called Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time will give you a good overview of what you need to do, what the consequences are, and so on.

What Reviewers say about this Chapter 13 Bankruptcy book?

"Chapter 13 Bankruptcy will save you a fortune in attorney fees and confusion." -- The Midwest Book Review

"In Nolo's usual thorough fashion, here is a guide to an alternative to the typical Chapter 7 Bankruptcy." -- Orange County Register

"An excellent book that can guide you through the [Chapter 13] process." (Forbes Magazine )

"Contains many tear-out forms, federal and state exemptions charts, and the most recent legal documents and instructions on how to fill them out." (Reference & Research Book News )

"In Nolo's usual thorough fashion, here is a guide to an alternative to the typical Chapter 7 Bankruptcy." (Orange County Register 20080202)

"An excellent book that can guide you through the [Chapter 13] process." -- Forbes Magazine

Description of Chapter 13 Bankruptcy Book

Reduce your debts, save your property -- and start over!

Are you behind on your mortgage, taxes or other bills? Are creditors threatening foreclosure or repossession? This book will show you how to save your house, car and other assets with Chapter 13 Bankruptcy. It lets you cancel your debts and pay off the rest with an affordable repayment plan.

And now you can avoid attorney fees and do it yourself -- let Chapter 13 Bankruptcyyou how to:

determine if you qualify for Chapter 13
stop a house foreclosure
estimate monthly payments
devise an acceptable repayment plan
complete and file forms
make up missed mortgage payments
pay off other debts
represent yourself before a bankruptcy judge or trustee

The 9th edition is completely rewritten to reflect the recent (and massive) changes to federal bankruptcy law, as well as the latest bankruptcy exemption laws of your state. It also includes the most current legal documents and instructions on filling them out.

Whether you work with a lawyer or file on your own, you'll find everything you need to take charge of your debts in Chapter 13 Bankruptcy.

Please note: This book does not cover business bankruptcies, farm reorganizations or individual repayment plans (Chapter 13). For Chapter 7 Bankruptcy, see Nolo's How to File for Chapter 7 Bankruptcy.

State and Federal Exemption Charts

Doubling
Residency Requirements for Claiming State Exemptions
Exemptions for Retirement Accounts
Individual State and Federal Charts

Tear-Out Forms

Voluntary Petition
Exhibit C to Voluntary Petition
Exhibit D to Voluntary Petition
Schedule A -- Real Property
Schedule B -- Personal Property
Schedule C -- Property Claimed as Exempt
Schedule D -- Creditors Holding Secured Claims
Schedule E -- Creditors Holding Unsecured Priority Claims
Schedule F -- Creditors Holding Unsecured Nonpriority Claims
Schedule G -- Executory Contracts and Unexpired Leases
Schedule H -- Codebtors
Schedule I -- Current Income of Individual Debtor(s)
Schedule J -- Current Expenditures of Individual Debtor(s)
Declaration Concerning Debtor's Schedules
Summary of Schedules and Statistical Summary of Certain Liabilities and Related Data
Form 3A -- Application and Order to Pay Filing Fee in Installments
Form 7 -- Statement of Financial Affairs
Form 10 -- Proof of Claim
Form 20A -- Notice of Motion or Objection
Form 21 -- Statement of Social Security Number(s)
Form 22A -- Statement of Current Monthly Income and Means-Test Calculation
Form 22C -- ChaStatement of Current Monthly Income and Calculation of Commitment Period and Disposable Income
Form 23 -- Debtor's Certification of Completion of Postpetition Instructional Course Concerning Personal Financial Management
Form 201 -- Notice to Individual Consumer Debtor Under § 342(b) of the Bankruptcy Code Amendment Cover Sheet
Daily Expenses
Notice of Plan Amendment and Confirmation Hearing Date
Proof of Service by Mail
Chapter 13 Repayment Plan

Buy Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

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