One of the many worries on the minds of those struggling with overwhelming debt, who may have fallen behind on mortgage payments, is saving a family home from foreclosure. Struggling consumers and homeowners facing the foreclosure process should be familiar with the...
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How are Chapter 13 plan payments calculated?
Prior to going into a Chapter 13 bankruptcy, debtors may not realize that their creditors are different from each other. However, they are, and within a Chapter 13 bankruptcy they will be broken down by type in order to form a viable plan and calculate payments....