There are times when Chapter 7 cases become Chapter 13 cases. There are also times when it happens the other way around. Sometimes this is the borrower's choice. At other times, the courts themselves force the change. Chapter 13 borrowers often convert to Chapter 7...
Many people tend to fear bankruptcy because they believe they will lose everything. Many other people don’t want to hear of bankruptcy as an option to manage their debt because of social repercussions or because they fear they will have problems at work. What many...
Filing for bankruptcy can be a scary process for many people. This is especially true for those who have never been part of one of these incredibly complex processes. Many people may worry they will lose everything they worked so hard to get, such as their employment....
Bankruptcy has developed a nasty reputation, which is largely based on myths and misinformation. One of the most persistent (and harmful) bankruptcy myths is that you will automatically lose your home if you file for Chapter 7. While this is a possibility, the answer...
Anyone contemplating bankruptcy will want to know how their monthly payments will be calculated, who they are going to pay, and what their exact payment amount will be. At Young, Marr & Associates, our Pennsylvania and New Jersey bankruptcy attorneys understand...
While the country is at a standstill, any financial strain you were experiencing prior to the COVID-19 outbreak is likely to increase. It is possible that you were contemplating or were in the midst of filing for personal bankruptcy when the crisis began. The United...
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