Chapter 13 FAQ

If you are considering filing for chapter 13 bankruptcy you likely have more questions than answers. Perhaps you are wanting to stop a foreclosure or finally resolve issues with the Internal Revenue Service.  If so, these FAQs may hold the answers to your questions.  This website contains a wealth of information on bankruptcy. Be sure to explore the entire website and any links of interest.  For a more personal response to your questions, please contact one of our bankruptcy attorneys directly at (972) 578-1400 or via email to set up a free initial consultation.  We are conveniently located in the cities of Dallas and Plano.

What is a debtor?

What is chapter 13 bankruptcy and how does it work?

When should I consider filing a chapter 13 bankruptcy?

Do I need a lawyer to file a chapter 13 bankruptcy petition?

Does my spouse have to file chapter 13 bankruptcy with me?

Do I have to file chapter 13 bankruptcy against ALL of my creditors?

What is a chapter 13 discharge?

What is a chapter 13 plan?

What is a chapter 13 trustee?

Must I pay all of my creditors in full under a chapter 13 plan?

How much will I need to pay to the chapter 13 bankruptcy trustee?

When must I start making payments to the chapter 13 bankruptcy trustee?

How does chapter 13 deal with joint, co-signed or guaranteed debts?

Will a chapter 13 bankruptcy stop my creditors from calling?

Will a chapter 13 bankruptcy stop a foreclosure or repossession?

If my car was repossessed will a chapter 13 bankruptcy help me get my car back?

Who is eligible for relief under chapter 13 of the Bankruptcy Code?

May a person who is self-employed file for relief under chapter 13 of the Bankruptcy Code?

If I have been sued by one of my creditors, will a chapter 13 bankruptcy stop the lawsuit?

May a person whose debts are being administered by a financial counselor (i.e. Consumer Credit Counselors) file a chapter 13 bankruptcy?

What is required for court approval of the chapter 13 plan?

What if the Bankruptcy Court does not approve a filed chapter 13 plan?

What if the debtor is temporarily unable to make the chapter 13 payments?

What if the debtor incurs new debts or needs credit during a chapter 13 case?

What should the debtor do if he or she moves while the case is pending?

What if the debtor later decides to discontinue the chapter 13 case?

Must all of my creditors approve of my chapter 13 plan?

Will filing chapter 13 affect my credit?

How long will a chapter 13 bankruptcy appear on my credit report?

Will filing chapter 13 bankruptcy affect my job?

Can I keep using my credit cards after filing a chapter 13 bankruptcy petition?