For many individuals, mere mention of filing for bankruptcy protection under a Chapter 13 individual debt reorganization is met with apprehension and resistance. We blame this on the many myths and misconceptions associated with bankruptcy in general, as perpetuated by corporate creditors and the media. In truth, Chapter 13 is the best way out of debt for many of those consumers who choose to keep as many of their nonexempt assets as is lawfully feasible.
In this article from our Arizona Bankruptcy Essentials series, we discuss three components of the Chapter 13 bankruptcy filing, making it an appealing option for wage-earning debtors who need debt relief and desire a fresh financial start...
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Pew Law Center | Attorney Advertising