How a Chapter 13 Bankruptcy Works

A debtor seeking relief under Chapter 13 must provide a practical and reasonable plan to pay off some or all of their debt over a period of time.  A Chapter 13 bankruptcy plan lasts for 36 to 60 months depending upon your income.  In some...

Direct Payments Made by Creditors for Secured Claims

Upon confirmation of a Chapter 13 plan, any secured debt in which a debtor is making direct payments the following will occur:

  1. The automatic stay under 11 USC 362 and 11 USC 1301 is terminated as to the collateral of the secured...