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Tag Archives: Chapter 13
Myth No. 7: If you file for Bankruptcy, you will never be able to get any new credit for anything.
You can get credit after you file for bankruptcy. It takes time to re-establish credit, but you can if you want to get credit. I say ” if you want to get credit” because it is a very tempting to start … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Chapter 13, Chapter 7, credit, Kevin Gipson, new orleans bankruptcy attorney, New Orleans Bankrutpcy Lawyer
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Bankruptcy Myth No. 6: You can no longer stop a foreclosure by filing for Bankruptcy.
The bankruptcy myth that you can no longer stop a foreclosure proceeding by filing for bankruptcy is simply no true! Both a Chapter 7 bankruptcy and a Chapter 13 bankruptcy will stop a foreclosure, but with different long term results. … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Chapter 13, Chapter 7, creditor, foreclosure, lift stay, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, Plan, stay
Comments Off on Bankruptcy Myth No. 6: You can no longer stop a foreclosure by filing for Bankruptcy.
They Went Broke Too! Jasmine Guy.
Jasmine Guy, best known for her role as Whitley Gilbert in the late 80’s, early 90’s TV series, A Different World, has filed for Chapter 13 bankruptcy. The bankruptcy results in part from financial problems following a recent divorce. A … Continue reading
Posted in Bankruptcy
Tagged A Different World, Bankruptcy, Chapter 13, Jasmine Guy, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, Whitley Gilbert
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Myth No. 3: Credit Card Debts Can No Longer Be Discharged In A Bankruptcy.
One of the misconceptions some clients have is that credit card debts can no longer be discharged in a Bankruptcy. This myth comes from changes in the Bankruptcy Code from when the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Bankruptcy Abuse Prevention and Consumer Protection Act, BAPCPA, Chapter 13, Chapter 7, credit card, debt
Comments Off on Myth No. 3: Credit Card Debts Can No Longer Be Discharged In A Bankruptcy.
Myth No. 2: You Can Only File For Bankruptcy Once.
You can only file for Bankruptcy once! This is not true. However, there are limitations on how often you can file a bankruptcy. If you have received a discharge in a Chapter 7 bankruptcy, you cannot file for a Chapter … Continue reading
Posted in Bankruptcy, Uncategorized
Tagged 8 years, Chapter 13, Chapter 7, discharge, new orleans bankruptcy attorney, new orleans bankruptcy lawyer
Comments Off on Myth No. 2: You Can Only File For Bankruptcy Once.
What Is A Chapter 13 Bankruptcy?
A Chapter 13 Bankruptcy is generally used by a debtor who is behind on payment of a secured debt such as a mortgage or a car note. The debtor using a Chapter 7 bankruptcy creates a payment plan to catch up on … Continue reading