chapter 13 bankruptcy Things To Know Before You Buy
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Also, based on your jurisdiction, the trustee will send you periodic statements demonstrating creditor payments. You will be in a position to access the information to the trustee's Web-site. Call the trustee for Guidelines.
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A major benefit of Chapter 13 is a approach may be structured so as to keep your home and motor vehicle. If you file for Chapter 13, creditors are not $0 down bankruptcy able to foreclose on your home or repossess your automobile.
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In the event the bankruptcy filing entails a repayment strategy, the trustee will oversee the plan in addition. The bankruptcy trustee also screens your obligation to file a tax return and yearly monetary statements.
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