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ID:181746
Title:Chapter 13 Bankruptcy Help
URL:http://www.bankruptcylawyer-nj.com/nj-chapter-13-bankruptcy-attorneys/how-does-a-chapter-13-bankruptcy-work/
Category:My Business: Lawyers
Description:According to New Jersey Chapter 13 law, the debtor must consist of on the petition: income, expenditures, all personal debt, creditors, assets, financial obligations and economic information. You have to consist of all this information; you can't just incorporate some leaving out other individuals. Once documents has been filed, creditors can no longer go after your assets. You also won't receive any more annoying calls or letters from creditors. Generally, a chapter 13 requires a debtor to make one monthly payment to your trustee for a period of 36 to 60 months. The amount of the monthly trustee payment and the quantity of months from the payment plan is based on the debtor’s income, expenses, possessions, liabilities and mortgage or auto transaction arrears. Whether you are considering personal bankruptcy declaring via Chapter 7 or Chapter 13, or are the owner of any small or large organization interested in filing bankruptcy, the Law Offices of Robert Manchel can help you.
Link Owner:Maria Robinson