Debt Free Colorado

MARCH 3, 2023

Do Bankruptcies Come in Different Types? There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. However, Chapter 7 and Chapter 13 bankruptcy are the two types of bankruptcy that are most frequently filed.

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Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

Collection Industry News

DECEMBER 21, 2020

Approximately three years later, the law firm recorded a notice of lien in the county’s official records for unpaid dues, assessments and costs payable to the HOA, and a “Notice of Default and Election to Sell” was recorded to initiate nonjudicial foreclosure proceedings. 1328(a).

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Bankruptcy Chapter 13 bankruptcy Law Firms Debtor 40

Sawin & Shea

NOVEMBER 15, 2023

That means that you must continue to pay on most secured debts to keep or hold onto the collateral. This is accomplished by entering into a reaffirmation agreement in a Chapter 7. This is a voluntary agreement between a secured creditor and the debtor that re-obligates the debtor on the secured debt.

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Unsecured Debt Chapter 7 bankruptcy Collateral Bankruptcy 52