Chapter 13 Bankruptcy
Defaulting Your Chapter 13 Bankruptcy
Tuesday, March 29th, 2022
Going through a financial change can happen to anybody, and as a debtor going through bankruptcy, it can be even more stressful. With Chapter 13, it´s important to have a payment plan that provides flexibility. Flexibility is what you get when you file a Chapter 13 bankruptcy so that you can pay everything as agreed.... read more
What Are the Consequences of Bankruptcy Fraud?
Friday, February 26th, 2021
If you accidentally make a mistake on your bankruptcy forms or forgot an asset, it may delay your case, but it won’t send you to jail or get you fined. However, if you intentionally leave out assets or other information that impacts your case, you can be found guilty of bankruptcy fraud. This is a... read more
What Are the Disadvantages of Chapter 13 Bankruptcy?
Tuesday, July 28th, 2020
Filing for Chapter 13 can save you financially. However, like with any bankruptcy tool, you do need to make certain you’re using it correctly. There are some disadvantages to Chapter 13, and sometimes, those disadvantages do outweigh the advantages. If you’re considering bankruptcy, here are some of the disadvantages of Chapter 13 bankruptcy you need... read more
When Is the Right Time to Declare Bankruptcy?
Tuesday, June 23rd, 2020
Bankruptcy can be a great tool for handling financial hardship and giving you the fresh start you need. However, most people who file for bankruptcy don’t do so at the right time. This means that while they do benefit from bankruptcy, they don’t get all of its benefits. How do you determine when to file... read more
Reasons Bankruptcy Is Nothing to be Embarrassed About
Friday, May 15th, 2020
Have you declared bankruptcy? If you have, you may not be in any hurry to admit it. Bankruptcy is often looked down upon. People see it as a sign that you’ve failed, but that’s not necessarily the case. There are many reasons why bankruptcy is nothing to be embarrassed about. Here are a few of... read more
Everything You May Need to List During a Bankruptcy
Wednesday, April 29th, 2020
If you’ve made the decision to file for bankruptcy, one of the early steps is to make a list of all of your assets. However, before you can do that, you need to understand what the court considers assets. You may find that some of the things you own don’t count, but others you assumed... read more
Conditions to Meet to Discharge IRS Tax Debt Through Bankruptcy
Tuesday, March 31st, 2020
While many people will tell you that you cannot discharge any tax debt through bankruptcy, the truth is that it’s not impossible, just more difficult than discharging other types of debt. There are some situations where you can discharge some or all of your tax debt during the bankruptcy period, but you must meet specific... read more
Kanzer Law COVID-19 Virus Updates
Tuesday, March 24th, 2020
Please be advised that New York has temporarily suspended debt collection only for money owed to the State . New Yorkers who owe money to the state, effective immediately, will no longer have to pay their student debt, medical debt, and other forms of state-referred debt, for at least 30 days because of the COVD-19... read more
Which Is Better: Chapter 7 Bankruptcy or Chapter 13?
Saturday, November 30th, 2019
If you’ve decided you need to file for bankruptcy, you may wonder which option is better, Chapter 7 or Chapter 13. One option isn’t better than the other. In fact, both can be excellent options in certain situations. It all comes down to your personal situation and what you need out of your bankruptcy. In... read more
Can I Cancel My Bankruptcy?
Friday, November 15th, 2019
If you’ve filed for bankruptcy, but later get a better paying job or decide that it’s not the solution you thought it was, can you cancel it? Bankruptcy is a court process, and it does take time. During that time, your financial situation can change. Fortunately, in some cases, it is possible to cancel your... read more