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Pros and Cons of Chapter 13 Bankruptcy

Sawin & Shea

Filing for Chapter 13 bankruptcy can provide much-needed relief if you are overwhelmed with debt and struggling to keep up with payments. Under Chapter 13, you repay a portion or all of your debt, allowing you to keep assets like your home or car. What Is Chapter 13 Bankruptcy?

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Building Credit During Chapter 13 Bankruptcy

Sawin & Shea

Filing for chapter 13 bankruptcy can seem like a daunting task, but it’s often the right move for those who are facing foreclosure, repossession, or have exorbitant debts. If you’re thinking of filing for chapter 13 bankruptcy, you may have questions regarding how it will impact your credit score.

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Chapter 13 Bankruptcy Dismissed. Can I Refile?

Sawin & Shea

Filing for Chapter 13 bankruptcy can help you improve your financial situation. Unfortunately, not everyone filing Chapter 13 will complete the repayment process. Unfortunately, not everyone filing Chapter 13 will complete the repayment process.

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Will a Loan Modification Stop Foreclosure?

Sawin & Shea

There are few life events as stressful as a foreclosure. However, there are ways to prevent foreclosure, even if you can’t afford your mortgage payments. In this blog, we’ll share details about loan modification, who is eligible, how to obtain one to stop foreclosure, and how a lawyer for foreclosure can help.

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Can You Use a Bankruptcy to Stop a Foreclosure?

Sawin & Shea

If you’re considering filing for bankruptcy, you’re not alone; roughly 375,000 people filed for bankruptcy in 2022, and home foreclosure filings rose 115% in 2022 over the number of foreclosures in 2021. To many people, the most alarming thing about filing for bankruptcy is the possibility that they will lose their home.

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Chapter 13 and Gambling Debt

Sawin & Shea

Because of this, filing for bankruptcy is often one of the only options you may have. Below, we’ll break down how gambling debt fits into Chapter 13 bankruptcy and how you can prepare if gambling bankruptcy is the next step that you need to take. Can You File for Bankruptcy Due to Gambling Debt?

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How Rising Interest Rates Can Affect Your Interest Rate After Bankruptcy

Sawin & Shea

Why File for Bankruptcy with Rising Interest Rates If you’re struggling with overwhelming debts made worse by increased interest rates, you may want to consider filing for Chapter 13 bankruptcy. Chapter 13 bankruptcy organizes your debts into a repayment plan that lasts three to five years.