Getting Off To A Good Start When You File Chapter 13 Bankruptcy
Tips for getting a good start in your Chapter 13 Bankruptcy proceeding
Good StartThe first three months of a Chapter 13 bankruptcy are the most critical. Try to file your bankruptcy no later than the middle of the month. Make all of your monthly payments by the 1st of the following month and each and every month thereafter.
Meeting of CreditorsAttend the Meeting of Creditors (Section 341a hearing) with the Chapter 13 Standing Trustee. Bring proof of identification - a government issued original photo id (i.e. driver license), and proof of social security number like an original W-2 or Social Security Card.
PaymentsMake all of your required payments on time. Keep a record of all payments you make after the bankruptcy is filed. Your payments should be a priority. If you do not make payments in accordance with the terms of your bankruptcy payment plan, you may lose your property and/or your bankruptcy case will be dismissed.