Beyond Paying Your Chapter 13 Plan

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To finish your case successfully, sometimes beyond paying your Chapter 13 plan you may need to pay a debt directly and do some other things.   The bankruptcy court’s approval of your payment plan (at the Confirmation Hearing) happens about 2-to-4 months after filing your case. At that point your Chapter 13 case is fully on its way. You likely … Read More

The Chapter 13 Confirmation Hearing

Wasson and ThornhillChapter 13

At the Confirmation Hearing (which you almost never need to attend) the bankruptcy judge “confirms” (approves) your Chapter 13 payment plan.   The Chapter 13 Plan As we said last week about the Meeting of Creditors, a Chapter 13 case is all about “the plan.” The plan is your financial road map during the 3 to 5 years that you … Read More

The Chapter 13 Meeting of Creditors

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At the Chapter 13 Meeting of Creditors you, your lawyer, & the trustee discuss your payment plan and any creditor & trustee questions.   The Chapter 13 Payment Plan The core of your Chapter 13 “adjustment of debts” case is the payment plan. The plan is a detailed outline of who you will pay, how much, and when. A Chapter … 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.

The Power of the Co-Debtor Stay

Wasson and ThornhillChapter 13

If protecting your co-debtor from having to pay your debt is a high priority, Chapter 13 has a remarkable tool for doing that.