When debtors cannot qualify to file a chapter 7 bankruptcy under federal law, the alternative is chapter 13, a procedure that achieves the elimination of debt through a multi-year repayment plan. Debtors can retain significant assets including home and vehicles under a chapter 13 bankruptcy. A married couple may file jointly or as individuals. Unlike [...]

The dream of homeownership is a cornerstone of the American experience. It represents stability, security, and a place to call one's own. However, this dream can quickly turn into a nightmare when unforeseen financial hardships strike, putting homeowners at risk of foreclosure. The COVID-19 pandemic, in particular, exposed millions of homeowners to such risks. In [...]