13 STEPS FOR CHAPTER 13

by | Jun 1, 2021 | Bankruptcy

  1. Contact an attorney with experience in bankruptcy
  2. Provide your attorney with information regarding:
    1. Your secured creditors (i.e. car loan, house loan, etc.)
    2. Your priority creditors (i.e. tax debt, child support, etc.)
    3. Your unsecured creditors (i.e. credit card debt, medical debts, etc.)
    4. Your income
    5. Your expenses (i.e. food, mortgage, utilities, insurance, etc.)
  3. Participate in credit counseling (usually by telephone from your attorney’s office)
  4. File bankruptcy case and pay filing fees to the Court of $310 for chapter 13
  5. Automatic stay begins when you file bankruptcy case
  6. File bankruptcy plan to repay your creditors
  7. Attend meeting of creditors (currently a set of questions called interrogatories to answer rather than appear to answer questions)
  8. File last two years of tax returns and last six months of pay advices with court
  9. Enter into reaffirmation agreements with secured creditors to allow you to keep the property
  10. Participate in confirmation hearing
  11. Make plan payments every month for 60 months (5 years)
  12. Complete financial management course
  13. Get DISCHARGE!!!