Bankruptcy Tacoma Blog

How a Chapter 13 Bankruptcy can stop foreclosure and save your home.

August 21, 2020

How a Chapter 13 Bankruptcy can stop foreclosure and save your home. A Chapter 13 or a Chapter 7 bankruptcy filing will stop a foreclosure provided you did not a have previous bankruptcy case dismissed within the past year (there are some minor exceptions.)  Why?  Because all collection actions against you and your property must…

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Are Bankruptcy filing about to go up?

July 23, 2020

Researchers at Epiq Global are claiming that as of June of 2020, Chapter 11 filing have increased 26% from 2019. They also claim that a simular jump occurred in 2008 which was followed by a dramatic increase in consumer bankruptcy filings. So far, both Chapter 7 & 13 bankruptcy filings are down for the year.…

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Motions to Shorten Time

June 5, 2020

As of January 2020, both Judges Lynch and Heston have updated their procedures with regards to shortening time for scheduling hearings. Generally, both judges discourage motions to shorten time. However, the motion to shorten should be filed simultaneously with the underlying substantive motion and should be filed ex parte with the unsigned order uploaded as…

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Chapter 13 Loan Modification

January 23, 2020

The language below can be used if the Debtor is in a Chapter 13 pending confirmation and is in the process of obtaining a loan modification from their mortgage company. The language would be placed in Section X. “The Debtor has applied for a loan modification with LENDER and is awaiting approval.  If not approved,…

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