In the 1990s, the state began to experiment with awarding and managing construction contracts using the design-build system. Figure 1 summarizes the various legislation authorizing state and local entities to use design-build under specified circumstances.
A low payment means you're more likely to be able to demonstrate to the court that you have the capability to make such a payment, which means it's more likely you'll be granted Chapter 13 bankruptcy, which means you'll keep your house.
A common concern for people considering bankruptcy is how long it will stay on their record. The answer depends in part on the type of bankruptcy a person files. If you file Chapter 7 bankruptcy, the fact that you filed bankruptcy will likely remain on your credit report for ten years. If you file for Chapter 13, your bankruptcy will probably stay on your credit report for seven to ten years. You can learn more about life after bankruptcy by contacting a local bankruptcy lawyer today. To arrange a free consultation with an attorney in your area, simply fill out the quick case review form below: