Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Courts and Administrative Practice
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Cramdowns of Residential Real Estate Mortgages in Chapter 13 Bankruptcies
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Courts and Administrative Practice
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Cramdowns of Residential Real Estate Mortgages in Chapter 13 Bankruptcies
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Courts and Administrative Practice
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 96
Book Description
Cramdowns of Residential Real Estate Mortgages in Chapter 13 Bankruptcies
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Courts and Administrative Practice
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
Book Description
Chapter 13 Bankruptcy
Author: Cara O'Neill
Publisher: Nolo
ISBN: 1413331793
Category : Law
Languages : en
Pages : 297
Book Description
Stop creditors and get more time to pay. Filing for Chapter 13 bankruptcy stops creditors, lawsuits, wage garnishments, bank levies, and other collection actions immediately, giving you time to restructure your debts. Yes, you’ll pay into a three- or five-year repayment plan in Chapter 13. But your money will go toward the debts that matter most—like your mortgage, car loan, support obligations, and taxes. Remaining debts, such as credit card, medical, and utility bills, usually receive only a fraction of what you owe. Also, Chapter 13 offers unique debt solutions not available in Chapter 7, sometimes making Chapter 13 the better choice even for those who qualify for Chapter 7. For instance, only in Chapter 13 can filers do the following: keep all property avoid foreclosure and vehicle repossession pay the fair market value for a car, and in some cases, eliminate a junior mortgage loan. This plain-English Chapter 13 guide covers the Chapter 13 process from start to finish, explaining how to determine if you qualify for Chapter 13, what’s required to catch up on your mortgage and keep your home, and how to rebuild your credit after bankruptcy. You’ll also learn more about the following: how much you’ll pay in a repayment plan which debts get erased when the case ends, and how to find and hire the right lawyer The revised edition explains where to find legal updates, bankruptcy forms, and state-specific information.
Publisher: Nolo
ISBN: 1413331793
Category : Law
Languages : en
Pages : 297
Book Description
Stop creditors and get more time to pay. Filing for Chapter 13 bankruptcy stops creditors, lawsuits, wage garnishments, bank levies, and other collection actions immediately, giving you time to restructure your debts. Yes, you’ll pay into a three- or five-year repayment plan in Chapter 13. But your money will go toward the debts that matter most—like your mortgage, car loan, support obligations, and taxes. Remaining debts, such as credit card, medical, and utility bills, usually receive only a fraction of what you owe. Also, Chapter 13 offers unique debt solutions not available in Chapter 7, sometimes making Chapter 13 the better choice even for those who qualify for Chapter 7. For instance, only in Chapter 13 can filers do the following: keep all property avoid foreclosure and vehicle repossession pay the fair market value for a car, and in some cases, eliminate a junior mortgage loan. This plain-English Chapter 13 guide covers the Chapter 13 process from start to finish, explaining how to determine if you qualify for Chapter 13, what’s required to catch up on your mortgage and keep your home, and how to rebuild your credit after bankruptcy. You’ll also learn more about the following: how much you’ll pay in a repayment plan which debts get erased when the case ends, and how to find and hire the right lawyer The revised edition explains where to find legal updates, bankruptcy forms, and state-specific information.
Helping Families Save Their Homes
Author: United States. Congress. Senate. Committee on the Judiciary
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 168
Book Description
Looming Foreclosure Crisis: How to Help Families Save Their Homes
Author: Richard J. Durbin
Publisher: DIANE Publishing
ISBN: 1437912559
Category : Law
Languages : en
Pages : 242
Book Description
Witnesses: Thomas Bennett, Bankruptcy Judge, U.S. Bankruptcy Court for the N. Dist. of AL; Jacqueline Cox, Bankruptcy Judge, U.S. Bankruptcy Court for the N. Dist. of IL; Joseph Mason, Drexel Univ.; Nettie McGee, Chicago, IL; Mark Scarberry, Pepperdine School of Law, and Amer. Bankruptcy Inst.; Henry Sommer, Nat. Assoc. of Consumer Bankruptcy Attorneys; Mark Zandi, Moody¿s. Submissions for the Record: Amer. Bankers Assoc.; Financial Serv. Roundtable; Thomas Bennett, Bankruptcy Judge; Erwin Chemerinsky, Duke Univ.; Consumer, and civil rights advocate; Consumer Fed. of Amer.; Consumer Mortgage Coalition; Jacqueline Cox, Bankruptcy Judge; Leadership Conf. on Civil Rights. Illus.
Publisher: DIANE Publishing
ISBN: 1437912559
Category : Law
Languages : en
Pages : 242
Book Description
Witnesses: Thomas Bennett, Bankruptcy Judge, U.S. Bankruptcy Court for the N. Dist. of AL; Jacqueline Cox, Bankruptcy Judge, U.S. Bankruptcy Court for the N. Dist. of IL; Joseph Mason, Drexel Univ.; Nettie McGee, Chicago, IL; Mark Scarberry, Pepperdine School of Law, and Amer. Bankruptcy Inst.; Henry Sommer, Nat. Assoc. of Consumer Bankruptcy Attorneys; Mark Zandi, Moody¿s. Submissions for the Record: Amer. Bankers Assoc.; Financial Serv. Roundtable; Thomas Bennett, Bankruptcy Judge; Erwin Chemerinsky, Duke Univ.; Consumer, and civil rights advocate; Consumer Fed. of Amer.; Consumer Mortgage Coalition; Jacqueline Cox, Bankruptcy Judge; Leadership Conf. on Civil Rights. Illus.
Residential Mortgage Reduction Under Bankruptcy
Author: Alaska Bar Association. Bankruptcy Law Section
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 28
Book Description
Saving Your Home in Chapter 13 Bankruptcy
Author: Michelle J. White
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 35
Book Description
"This paper examines how filing for bankruptcy under Chapter 13 helps financially distressed debtors save their homes. Filing under Chapter 13 stops lenders from foreclosing and gives debtors extra time to repay mortgage arrears, but does not reduce the total amount owed. We develop a model of debtors' decisions to default on their mortgages and file for bankruptcy and we evaluate it using a new dataset of debtors who filed for bankruptcy under Chapter 13 in 2006. We also examine the effect of allowing "strip-down" of residential mortgages in Chapter 13, so that bankruptcy judges could reduce the total amount owed. The paper documents that 96% of Chapter 13 filers are homeowners and that more than 90% of Chapter 13 plans involve repayment of mortgages or car loans. The model predicts that introducing strip-down would allow an additional 100,000 debtors to save their homes each year"--National Bureau of Economic Research web site
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 35
Book Description
"This paper examines how filing for bankruptcy under Chapter 13 helps financially distressed debtors save their homes. Filing under Chapter 13 stops lenders from foreclosing and gives debtors extra time to repay mortgage arrears, but does not reduce the total amount owed. We develop a model of debtors' decisions to default on their mortgages and file for bankruptcy and we evaluate it using a new dataset of debtors who filed for bankruptcy under Chapter 13 in 2006. We also examine the effect of allowing "strip-down" of residential mortgages in Chapter 13, so that bankruptcy judges could reduce the total amount owed. The paper documents that 96% of Chapter 13 filers are homeowners and that more than 90% of Chapter 13 plans involve repayment of mortgages or car loans. The model predicts that introducing strip-down would allow an additional 100,000 debtors to save their homes each year"--National Bureau of Economic Research web site
Mortgage Modifications During the Foreclosure Crisis
Author: United States. Congress. Senate. Committee on the Judiciary
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 68
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 68
Book Description
The Bankruptcy Reform Act of 2001
Author: United States. Congress. Senate. Committee on the Judiciary
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 184
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 184
Book Description