What types of bankruptcy are available?
Chapter 7 bankruptcy and chapter 13 bankruptcy are the two types of bankruptcy most often used by consumer. Chapter 7 is typically used by those with little non-exempt property and less than median income.
In a Chapter 7 or Chapter 13 bankruptcy case, a “creditors’ meeting” (or “341 meeting”) is held about six weeks after the bankruptcy case is filed. Although called a “creditors’ meeting,” in most cases, no creditors take the opportunity to
In the case of In re Rajapakse, 346 B.R. 233 (Bkrtcy.N.D.Gla.2005)(Massey, J.), the Chapter 7 Trustee sought an order directing the pro se chapter 7 Debtor to turn over certain property located outside of the U.S. The Debtor claimed that
The Circuit Court of Appeals of the 3rd Circuit recently issued its opinion in In re SCH Corp., et al, 2014 WL 2724606 involving the doctrine of “equitable mootness” in the bankruptcy context. The District Court had dismissed the appeal
Chapter 13 bankruptcy can be used to save your home or investment property from a mortgage or
association foreclosure. The filing of a Chapter 13 Bankruptcy case generally stops the foreclosure action and gives you the opportunity to propose a Chapter
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is generally used by people who desire to discharge unsecured debt and who have little non-exempt property.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is used to reorganize mortgages and other secured debt as well
Jordan E. Bublick is a Florida bankruptcy lawyer whose practice is limited to Chapter 13 bankruptcy (reorganization of debt) and Chapter 7 bankruptcy (discharge of debt). Jordan E. Bublick has over 35 years of experience in filing personal bankruptcy cases
