Long Beach, CA
Immigration Lawyer at Long Beach, CA
Practice Areas: Immigration, Asylum
If the debtor returns or surrenders the collateral to the creditor on a Chapter 13, the creditor is entitled to make a claim on the deficiency for whatever the debtor sells the property for and wha...
See Full GuideWhere unsecured creditors would receive nothing under the Chapter 7 liquidation recovery calculation, a zero-payment plan satisfies the best interests of creditors test. This is met where zero paym...
See Full GuideA Plan must satisfy the Best Interest of the Creditors Test. This is a test whereby the creditor must receive as much as they would receive if the case were in a Chapter 7 Bankruptcy and the assets ...
See Full GuideFirst, as is described in other areas of this Blog, all of the mandatory provisions of a Chapter 13 must be in the Plan. The debtor must be eligible to file the Chapter 13 which means that the debts c...
See Full GuideThe court must confirm the debtors plan if the following conditions are met: the plan complies with the Code all fees and charges have been paid the Chapter 13 petition was filed in good faith the...
See Full GuideIf the debtor has any disposable income available after full payment of all allowed claims, a Chapter 13 plan may provide for the payment of postpetition interest on unsecured debts that are nondis...
See Full GuidePlan May Use Debtors or Estates Assets to Pay Claims. Given that, it is still necessary that at least some part of future income pay for the Plan. But not all claims need be paid from the debtors f...
See Full GuideDe-accelerates debt: A plan may propose cure and reinstatement of a loan that the lender contractually accelerated before the case was filed. Upon successful completion of a Chapter 13 plan providin...
See Full GuidePlan May Cure Defaults and Maintain Payments on LongTerm Debts: A Chapter 13 plan may provide for curing defaults within a reasonable time and maintaining payments while the case is pending on any d...
See Full GuideWhere the last payment of the mortgage would be able to be paid within the term of the Plan, not only can the arrearages be included and payed off in the Plan, but so can the last set of mortgage pa...
See Full GuideAd
Transform legal challenges into solutions.
Connect now to review your situation.
