Useful information from an experienced Chapter 7 and Chapter 13 Bankruptcy Attorney in Columbus, Ohio
Learn more about bankruptcy by choosing a blog topic below. Nothing contained in this section or on this site is considered to be legal advice. Contact Nesbitt Law Firm today for legal advice regarding your particular situation.
July 25, 2015 | CHAPTER 13 BANKRUPTCY: WHAT IS IT? CAN I CHANGE THE PLAN AFTER I HAVE FILED?
UNDERSTANDING CHAPTER 13 BANKRUPTCY Chapter 13 of the United States Bankruptcy Code allows the debtor to use his or her income to pay some or all debts that are owed to creditors. It includes a payment plan that lasts for three to five years which lays out how much and how you will pay off your debts. The specific length of the bankruptcy will depend on the size of the filer’s income and debts. Before you can go forward, you will need to have the court approve your payment plan. MODIFYING YOUR PAYMENT PLANS ThereREAD MORE