Call for a Free Consultation 251.241.5234

Blog Posts in July, 2016

All Posts
  • What is a
    What is a "Cram Down" on a Motor vehicle in Chapter 13 Bankruptcy?

    A cram down is a provision in a Chapter 13 Plan that provides for payment of only the fair market value of the vehicle securing an auto loan to the secured creditor. This can only be done if the age ...

    Read More
  • What is a Wage Garnishment?
    What is a Wage Garnishment?

    What is a Wage Garnishment? A wage garnishment is a separate post-judgment proceeding filed by a creditor. “Post-judgment” refers to a situation where the creditor has already filed a lawsuit against ...

    Read More
  • What is Redemption in Ch 7?
    What is Redemption in Ch 7?

    When an individual person files a Chapter 7 bankruptcy case, they may have an opportunity to pay an auto lender, or a lender who took household goods as collateral, less than what is owed under the ...

    Read More