A Chapter 13 Bankruptcy is a reorganization bankruptcy which is designed to reorganize your debts and to create a plan to payoff a portion of those debts at a reasonable and manageable rate.
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A chapter 7 bankruptcy is the most straightforward form of bankruptcy and allows you to get rid of most of your debts and start over with a fresh start.
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Below are some of the most common bankruptcy terms. For a complete glossary please visit uscourts.gov A Automatic Stay An injunction that automatically stops lawsuits, foreclosures, garnishments, and all collection activity against the debtor the mom…
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Here are responses to some of the most frequently asked Bankruptcy questions we get when new clients come to our office in Auburn, New York.
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