A typical Chapter 13 bankruptcy case may last anywhere from three to five years. A lot can happen during that time, and you may find yourself defaulting or no longer able to keep up with the originally agreed to repayment plan. Some common reasons for this may include increased expenses, emergencies or illness. Fortunately, you don’t have to just sit and wait for your case to be dismissed. Bankruptcy laws allow people to seek out other options to save their bankruptcy and obtain a discharge. With help from an our experienced professionals at Weik Bankruptcy Attorney in Raleigh, below are some legal actions you can take.
Amend the Plan or File a Motion to Modify
When you file for bankruptcy, a proposed repayment plan is one of the essential documents included in the packet you send to the court. The plan usually stays in a temporary probationary period until the court, your creditors and the trustee can review them. Read more from this article: http://bit.ly/2H5ns9i.
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