If you have a pending personal injury claim when you file for Chapter 7 bankruptcy, you relinquish to your trustee all control of the settlement of the case, but you retain some control with a Chapter 13 bankruptcy. In rare Chapter 13 cases, the cram-down method of reducing debt for an automobile can be used […]
When a Chapter 13 bankruptcy plan has been completed by a debtor, a few steps remain before the bankruptcy is officially discharged. The discharge process includes the filing of the Notice of Plan Completion by the trustee, along with the filing of two forms by the debtor: the Debtor’s Certification of Eligibility for Chapter 12/13 […]
A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate. In Chapter 13, a trustee receives scheduled payments from you to distribute to your creditors, according to the determined terms of your case. For immediate assistance, please contact us.
If you fail to make payments to your Chapter 13 trustee, your bankruptcy status may be voided and your debt restored in full. If you believe you are headed toward not being able to make a payment to your trustee by the due date, you should immediately contact your bankruptcy attorney, so the court can […]