By Academy Staff
How many times have you seen this? Potential Debtor (PD) is facing a foreclosure sale on their home; PD is a month, or three, behind on car payments and the finance company is threatening repossession. PD owes taxes for the past two years (PD filed the returns but there was no money to pay the liabilities) as well as a bunch of credit card debt. After discussion, you conclude that PD can file a Chapter 13 to cure and maintain the mortgage on the residence; pay off the car; and pay the priority taxes in . . .
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