If you've gotten in over your head with debt, you may have filed for a Chapter 13 bankruptcy plan, which is a way to pay your obligations over a period of three to five years and avoid foreclosure of.
Having a bankruptcy on your record can feel financially restricting. Declaring bankruptcy can cause your credit score to drop significantly and will stick around on your credit report for up to 10.
Bankruptcy filings nationwide remain sharply lower than before the start of the coronavirus pandemic, despite a slight rise in new cases for the 12-month period ending March 31, according to a new report from the U.S. judiciary. Statistics released by the Administrative Office of the U.S. Courts on May 5 show total filings rose 2.0
Ed. Note: Welcome to our daily feature Trivia Question of the Day!How much did personal bankruptcy filings under Chapter 13 increase in 2022?Hint: Over