This is a scary story from the New York Times. You think zombies are just on bad tv shows and in movies. But it turns out, that there are zombies in real life: zombie debts, at least. Here is the…
Posts Tagged With: Chapter 13
California Debt Blog: Recent Study Shows Chapter 13 Bankruptcy Does Little to Save Homes
Under federal law, there are several types of bankruptcies available to debtors. A Chapter 7 is the most common form of bankruptcy, and involves a process of liquidation. In a Chapter 13 bankruptcy, a debtor does a reorganization and proposes…
California Debt Blog: Considering Bankruptcy? Think about these things
From Lesley Hoenig, an attorney in Michigan who handles bankruptcies: Bankruptcy is, of course, something that most people do not want to do if they can help it. But sometimes, you are so deep in the hole, or maybe you…