To many, the filing of a Chapter 13 bankruptcy represents a black mark on a debtor's personal scorecard. The authors of Best Practices for Filing Chapter 13 present a different view: individuals must understand that a Chapter 13 bankruptcy filing is a financial tool that guides individuals toward efficient personal financial management that generates long-term benefit to self and community. In their chapters, these leading authors:
- Guide the consumer debtor through the Chapter 13 filing process and discuss effective strategies and best practices for an efficient discharge of as much debt as possible
- Describe the differences between Chapter 13 and Chapter 7 consumer bankruptcy filings, focusing on the eligibility criteria for both
- Explain how the debtor's initial frustration with voluminous pre-filing information gathering quickly transforms to a sense of calm and contentment as they realize that the upfront investment yields beneficial results
This 2016 edition has been updated to reflect the latest thinking in Chapter 13 consumer bankruptcy, including strategies that offer individuals a way out, a way to get ahead of their indebtedness, and a plan for taking back control of their lives and their futures.