Married couples frequently file a bankruptcy case together in what is called a joint case. The Chapter 13 term lasts three to five years. Sometimes the couple’s relationship falls apart during that term. This article discusses three options that an attorney would discuss with the couple.
Many clients wonder what will happen if their current vehicle breaks down or is a total loss during the term of their Chapter 13 Plan. While it is preferable to pay cash for a new vehicle, expenses in our lives do not always allow for this. The bankruptcy does not prohibit you from incurring debt but the process does require patience. We will discuss all your options with you prior to you making a decision.
All people experience “bumps in the road” of life, such as job loss, illness, or death. If you experience such an event during your Chapter 13 bankruptcy, you should first inform your attorney. Every person’s circumstances are different, and your attorney will help you choose the option that best fits with your case and your goals.
If you do not complete the Debtor’s Education Course and obtain a Pre-Discharge Education certificate your bankruptcy discharge may be denied by the court.