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.
There are a lot of disadvantages to filing for bankruptcy. You donât usually lose property, but you can, especially if you have luxury items. The main things to consider are your credit report. They keep the bankruptcy on it for 10 years, so it can haunt you longer than other problems. And that can really affect your efforts to buy a house or other large item in the future.