Frequently Asked Questions —
Chapter 13 Bankruptcy

• What is bankruptcy?
• What are the different types of bankruptcy?
• What is Chapter 13 bankruptcy?
• How is Chapter 13 bankruptcy different from Consumer Credit Counseling?

Results of Bankruptcy

• Can a Chapter 13 bankruptcy reduce my monthly morgage payment?
• Can a Chapter 13 bankruptcy wipe out a second or third mortgage?

Evaluating Bankruptcy

• Who can file for Chapter 13 bankruptcy?
• Do I need an attorney to file Chapter 13 bankruptcy?
• Can I file a Chapter 13 bankruptcy to delay a creditor?
• How do I determine whether I should file a Chapter 13 bankruptcy versus a Chapter 7 bankruptcy?
• What if I decide that I do not want to be in a Chapter 13 proceeding? Can I get out of it after having started it?
• What if I decide that I want to be in a Chapter 7 fresh start bankruptcy after filing a Chapter 13 bankruptcy?
• How often can a Chapter 13 bankruptcy be filed?

The Process for Declaring Bankruptcy

• When and how are the creditors notified of the bankruptcy filing?
• Do I have to disclose all of my debts?
• What if I forget to list a debt?
• Do I have to disclose all of my assets?
• Do I have to schedule my credit union?
• What if I do not want my house or car loan creditors notified of the bankruptcy?
• Will I go to court?
• What happens if I am physically unable to attend the 341 meeting of creditors?
• What if I miss the originally scheduled 341 meeting?
• Who decides what amounts will be paid and how long the case must run?

While in Bankruptcy

• How is my house payment dealt with in Chapter 13 bankruptcy?
• What if I am behind on my mortgage payments? How is that dealt with?
• How is my car payment dealt with in Chapter 13 bankruptcy?
• How are income taxes dealt with in Chapter 13 bankruptcy?
• Can I keep any credit cards in Chapter 13 bankruptcy?
• Can I sell any of my property while in a Chapter 13 bankruptcy?
• What if I get sick or lose my job and cannot make my plan payment?
• What if I cannot make my mortgage payment when it's due after filing?
• How is the plan payment made?
• How do my creditors get paid in Chapter 13 bankruptcy?
• As the case develops, how do I know who is getting paid what amounts?
• Can I pay the plan off early?

Discrimination Due to Bankruptcy

• Can an employer fire me for filing bankruptcy?
• Can I be discriminated against in other areas if I file Chapter 13 bankruptcy?
• Does Chapter 13 bankruptcy look better on my credit record since I am paying my creditors back?

Getting Started

• What are your fees for Chapter 13 bankruptcy and how are the fees paid?
• How do I start the process of filing with Debt Relief Center, P.C.?
• What should I do to prepare for filing Chapter 13 bankruptcy?