Category Archives: Chapter 13 Bankruptcy

Chapter 13 Bankruptcy Disposable Income: The U.S. Supreme Court Rules

The Bankruptcy Code requires that, when an individual files for bankruptcy protection under Chapter 13 and proposes a debt repayment plan to which the trustee or an unsecured creditor objects, the individual must either pay his or her unsecured creditors  in full or pay all “projected disposable income” he or she will receive over the […]

Lien Avoidance in Bankruptcy, Part Three

This is the third and final post in a three-part series by Charleston Bankruptcy Lawyer, Russell A. DeMott.  Russ explains how you can use the Bankruptcy Code to strip liens from personal property. You might be embarrassed to admit it, but you did it.  You went to what I call “Flakey Finance Company.”  You needed […]

What Is Bankruptcy?

What is Bankruptcy? Bankruptcy is a legal proceeding in which a person who can not pay his or her bills can get a fresh financial start. The right to file for bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court. Filing bankruptcy immediately stops all of your creditors from […]