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Category Archives: Chapter 13 Bankruptcy

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National Association Of Chapter 13 Trustees Supports Proposed Bankruptcy Legislation

By Kelley Fulton Kaplan & Eller |

Newly proposed bankruptcy legislation would make it easier for debtors to seek bankruptcy protection and to be eligible for Chapter 13 bankruptcy. That proposed legislation, known as the Bankruptcy Threshold Adjustment and Technical Corrections Act (Senate Bill 3823), recently received support from the National Association of Chapter 13 Trustees (NACTT), according to an article… Read More »

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Benefits And Limitations Of Chapter 13 Bankruptcy

By Kelley Fulton Kaplan & Eller |

If you are thinking about filing for Chapter 13 bankruptcy, it is important to understand the various ways in which Chapter 13 bankruptcy can be beneficial to consumers, and the ways in which it can also have disadvantages. Before you make any decisions about filing for Chapter 13 bankruptcy or any type of bankruptcy,… Read More »

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The Debt Limit For Chapter 13 Has Been Raised To $2.75 Million

By Kelley Fulton Kaplan & Eller |

The debt limit for Chapter 13 has been raised to $2.75 million under the Bankruptcy Threshold Adjustment and Technical Corrections Act., effective June 21st. Section 109(e) now reads “[o]nly an individual with regular income that owes, on the date of the filing of the petition, non-contingent, liquidated debts of less than $2,750,000 or an… Read More »

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The Ups and Downs of Chapter 13 Bankruptcy in Florida

By Kelley Fulton Kaplan & Eller |

Making the decision to file for bankruptcy isn’t easy, but for many people it may be the only solution to their debt problems. One option for many Florida residents who find themselves in very poor financial situations due to debt is filing for Chapter 13 bankruptcy. With the help of an experienced West Palm… Read More »

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