Chapter 13 Bankruptcy Explained Discharging Debt and Protecting Your Assets

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=9HyFCfrcbzU

In this clip from our Bankruptcy Court episode, attorneys Peter S. White II, Esq. and Alexander Knipenberg, Esq. delve into the intricacies of Chapter 13 bankruptcy. Learn how Chapter 13 allows you to create a repayment plan that can significantly reduce your debt, including strategies to discharge unsecured debt like credit cards and even adjust secured debt, such as mortgages and car loans. Discover how these legal tools can help you protect your assets and potentially save thousands, while also understanding the long-term effects on your credit score and financial future. This clip is essential for anyone considering bankruptcy as a solution to overwhelming debt. • Peter S. White II, Esq.: • https://www.accessjusticebrooklyn.org • / prince_peter89 • Alexander Knipenberg, Esq.: • https://www.legalservicesnyc.org • Support Attorneys with Swag: • / attorneyswithswag • https://attorneyswithswag.com • Follow Attorneys With Swag: • / attorneyswithswag • / attorneyswithswag • / attorneyswithswag • / attorneyswswag • Chapters: • 00:00 Introduction to Chapter 13 Bankruptcy: Paying Off Debt vs. Discharging Debt • 00:18 Explanation of Debt Percentage in Chapter 13 Plans • 00:47 Impact of Mortgage and Unsecured Debt in Bankruptcy • 01:37 How Income and Assets Affect Chapter 13 Plans • 02:10 The Role of Second Mortgages and Equity in Bankruptcy • 02:42 Example: Secured vs. Unsecured Debt and Its Impact on Repayment • 03:37 Applying Bankruptcy Strategies to Cars and Other Assets • 04:09 Chapter 7 Bankruptcy: Discharging Personal Liability for Debt • 04:53 The Effect of Bankruptcy on Credit Scores and Recovery

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