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Chapter 7 Bankruptcy – What Is A 722 Redemption?

In some Chapter 7 bankruptcy cases, a section 722 redemption might be a good idea.  Section 722 of the Bankruptcy Code allows a debtor to redeem collateral (like a car) for the amount of the secured claim.Section 722 states, " An  individual debtor may, whether or not the debtor has waived the right to redeem under this section, redeem tangible personal property intended primarily for personal, family, or household use, from a lien securing a dischargeable consumer debt, if such property is exempted under section 522 of this title or has been abandoned under section 554 of this title, by...

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Can I Convert My Chapter 13 to Chapter 7?

When there has been a significant change in circumstances since the Chapter 13 was filed, most people are able to convert from a Chapter 13 to a Chapter 7. For example, the most common cause of converting from a Chapter 13 to Chapter 7 is the loss of a job. Another is example is a major increase in monthly expenses. In order for me to give you a definitive answer to this question, I need to review your case with you.There are some instances where it might be a bad idea to convert. For instance, a...

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Hiram Georgia Bankruptcy Attorney

We serve Hiram Georgia and all of Paulding County through our Dallas Office. Click here for directions to our Dallas office.Click here to visit our home page.[kml_flashembed publishmethod="static" fversion="8.0.0" movie="untitled.swf" width="400" height="300" targetclass="flashmovie"] [/kml_flashembed]...

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