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Connecticut Bankruptcy Guide and Forms Package for Chapters 7 or 13 Connecticut

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Connecticut Bankruptcy Guide and Forms Package for Chapters 7 or 13 Connecticut

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hi wes scott from life back law today we're going to talk about a good topic it is calculating a chapter 13 payment amount by dr charles nguyen from life back law a life back law lawyer and rock star um this is a good blog look the idea of a chapter 13 bankruptcy is it is a government-sponsored debt consolidation plan with a couple of twists typically you make payments during three to five year plan typically the payment that you pay is the difference between your net monthly household income and your reasonable and necessary expenses and whatever you have left over that's your payment typically and you pay that for three to five years whatever doesn't get paid off gets wiped out tax free so if you have a hundred grand in credit card debt and only 30 grand gets paid in a three to five year plan 70 grand gets wiped out tax free that's amazing when the time is right when you are ready to get your life back reach out to life back law firm you're goi

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