Frequently Asked Questions
What are the eligibility requirements for filing under chapter 13?
To be eligible for Chapter 13 bankruptcy, an individual must have a regular source of income and unsecured debts that do not exceed a certain limit. Additionally, the individual must not have filed for bankruptcy under Chapter 7 within the past 4 years or Chapter 13 within the past 2 years.
How long does a Chapter 13 repayment plan typically last?
The duration of a Chapter 13 repayment plan can vary depending on the individual's income and the amount of debt to be repaid. However, the plan is typically structured to last between 3 to 5 years.
Everything You Need to Know About Legal Payment Processing Solutions
This guide explains everything you need to know about how online payment processing systems benefit your firm and clients. Includes security compliance considerations.