Unable to pay for bankruptcy - What to do
Date: Thu, 09/24/2020 - 20:15
Unable to pay for bankruptcy - What to do
Filed Chapter 13 bankruptcy sometime back. I made my last payment in Feb What should I do now?
You may request a hardship
You may request a hardship discharge if you couldn;t make the required payments. The court will analyze yout financial situation before granting you a discharge.
I made my last payment in Feb
I made my last payment in Feb What should I do now?
Contact your attorney to determine if you can modify the Chapter 13 Plan and include a moratorium. If you do not have an attorney, talk to the Trustee to see if he/she can assist and/or hire an attorney.
A "hardship discharge" under 11 USC 1328(b) is only appropriate if, after a Hearing, you show the following:
1) The failure to complete payments is due to circumstances for which you should not justifiably be held accountable;
2) You have already met Chapter 7 reconciliation requirements; and
3) Modification of the plan is not practicable.
Go talk to an attorney.
Des.
