9 Steps to Understanding Chapter 13 Procedures
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Learn the 9-step approach to understanding Chapter 13 procedures and gain better insight on the ramifications of a borrower seeking debt relief and reorganization.The 9-step approach to understanding Chapter 13 procedures will allow institutional lenders, their attorneys and accountants to comprehend the ramifications of a borrower seeking debt relief and reorganization under a Chapter 13 bankruptcy proceeding, as well as mortgage modification. Gain insights into what qualifies a consumer to file for bankruptcy protection, (with or without mortgage modification) and what the lender can and can not do when a bankruptcy plan is confirmed. Understanding the rights of the consumer enables the lending institution and all personnel involved in a qualified debt to recognize and respect the boundaries of debt collection and recourse.
Authors
Robert J. Bigge Jr., Esq., Bigge & Rodriguez, P.A.Agenda
Formulating a Confirmable Plan
Cram Down
The Means Test
Feasibility of the Plan
Length of the Plan
Confirmation of the Plan
Chapter 13 Discharge
Chapter 13 Case Study
Ethical Considerations