New 7-Year Amended Chapter 13 Plans

Wasson and ThornhillChanges in Bankruptcy Law, Chapter 13

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Photo by Kelly Sikkema on Unsplash The new coronavirus law temporarily allows amend Chapter 13 plans to extend to a 7-year period instead of the current 5-year maximum.      Last month we described the changes to bankruptcy law made by the coronavirus CARES Act enacted on March 27, 2020. One of those changes is the ability to extend the length … Read More

Your Chapter 13 Trustee

Wasson and ThornhillChapter 13

The Chapter 13 trustee is an important player in your “adjustment of debts” case so it helps to know how to deal with him or her.

Changing Your Chapter 13 Payment Plan

Wasson and ThornhillChapter 13

Before committing to a Chapter 13 “adjustment of debts” it’s good to know that its plan can likely be “modified” if your situation changes.

How Long Does a Chapter 13 Last?

Wasson and ThornhillChapter 13

Whether you must pay for 3 years or 5 depends mostly on your income. Exactly how long it last depends on the many moving parts of your case.