When a debtor files for Chapter 13 bankruptcy, he/she can choose to have the repayment amount automatically deducted from their paycheck. The bankruptcy deduction can be has high as you prefer or as low as you prefer as long as it covers the amount you agreed to pay in the bankruptcy plan. There is [...]

With millions of Americans facing job losses and mounting debt, many are choosing to ignore calls and letters from debt collectors. Let’s face it, when you’re struggling to pay the basics…food and shelter who has any money or energy left for debts that you can’t pay off any time soon. But be forewarned, if [...]