What are priority debts?

When you file for Chapter 13 bankruptcy, you must create a repayment plan that lists all of your debts, but the court does not treat every debt the same. According to the United States Courts, debts you must repay in full become priority debts.  Your priority debts...

Am I eligible for Chapter 13?

If you want to file bankruptcy in New York, it is vital that you make sure you submit the right type of bankruptcy. For consumers, this generally means filing Chapter 7 or 13. Chapter 7 has income limits that you may not meet. In addition, if you have assets you want...

What is chapter 13?

When you realize you have more debt than you can handle, you may consider filing for bankruptcy in New York to find financial relief. There are many different kinds of bankruptcy and depending on your particular situation, chapter 13 may be a good option.  Filing...