When canceling a life insurance policy, can Chapter 13 take the cash value of it.

Ordinarily the liquidation of the life insurance policy is not an event that would require you to notify the chapter 13 about unless the payment of...

Your home is not discharged of the debt. You are. The lien against the home for the payment of the mortgage debt survives the bankruptcy discharge....

Helping someone going into chapter 7 or 13 bankruptcy

There is more than one issue with respect to the situation presented. The receipt of the money or its value in the pre-paid tution can effect your...

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Want to know if I can include a land contract with are chapter 7?

While the land contract debt may be listed in the chapter 7 bankruptcy as a debt, it may be unnecessary to file a chapter 7 bankruptcy to eliminate...

Cam a mortgage modification be requested in Ch 13? Are student loans allowed?

Mortgage loan modifications can be requested in a chapter 13 case but instituting the request in a chapter 13 case is not any different than...

My business partner wants to file for bankruptcy.

If you both own the corporation you are not partners but rather shareholders as if you owned shares of stock in Microsoft. Therefore her interest...