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2. Chapter 13 bankruptcy: What you need to know - AOL

   www.aol.com/finance/chapter-13-bankruptcy-know...

   In chapter 13 bankruptcy, the trustee is responsible for reviewing the proposed payment plan, collecting payments and disturbing payments to creditors. Chapter 13 bankruptcy allows you to avoid ...

3. Chapter 13, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_13,_Title_11...

   In some cases, the debtor simply cannot file under Chapter 13, as he or she lacks the disposable income necessary to fund a viable Chapter 13 plan (see below). Furthermore, Section 109(e) of Title 11, United States Code sets forth debt limits for individuals to be eligible to file under Chapter 13 : unsecured debts of less than $419,275, and ...

4. Late on Chapter 13 bankruptcy payment. What now? - AOL

   www.aol.com/finance/chapter-13-bankruptcy...

   A Chapter 13 payment plan doesn’t have a grace period. Thirty days after your Chapter 13 filing date, you are required to begin making plan payments to the bankruptcy trustee for your case.

5. What happens if you are late on your chapter 13 bankruptcy ...

   www.aol.com/finance/happens-chapter-13...

   After one or more missed Chapter 13 payments, the trustee may file a “motion to dismiss for material default.” This is another way of saying that they can’t pay your creditors since you ...

6. Bankruptcy - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy

   Relief under Chapter 13 is available only to individuals with regular income whose debts do not exceed prescribed limits. [62] If the debtor is an individual or a sole proprietor, the debtor is allowed to file for a Chapter 13 bankruptcy to repay all or part of the debts. Secured creditors may be entitled to greater payment than unsecured ...

7. S corporation - Wikipedia

   en.wikipedia.org/wiki/S_corporation

   An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.