Modifying a Chapter 13 Bankruptcy Plan

When you enter in a Chapter 13 bankruptcy, you propose a repayment plan to the court. The plan sets forth how you will repay creditors and provides other details of how you intend to reorganize your debts. Most Chapter 13 plans provide for payments over 60 months. During that time, you may experience circumstances that change your financial situation such as unemployment, a medical emergency or possibly a debt you forgot to include in your original filing.

To find out how these changes can modify your Chapter 13 bankruptcy plan read, “3 Ways to Modify Your Chapter 13 Bankruptcy Plan.”

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