Chapter 13 bankruptcy is a solution many people seek when confronted with a burden of debt they cannot repay. This option is also referred to as a wage earner’s plan because it is tailored to individuals with regular income who need to restructure their debt payment plan. According to statistics from the United States Courts, filings for Chapter 13 appear to be decreasing, but these three tips are still important.
Debt division in a Pennsylvania divorce
The largest and most contentious part of divorce without children is the division of marital property. You and your spouse may be fighting over who gets what. However, one aspect to remember is that assets are not the only divided property in a divorce – debt is, too.
