Email This Post Email This Post
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

I’m in a Chapter 13 plan and I was just laid off. What will happen?



chapter-13-and-being-laid-off consumer bankruptcy

I’m in a Chapter 13 plan and I was just laid off. What will happen?

Usually, the court will convert the Chapter 13 to a Chapter 7. In some cases the case might be dismissed, especially if the court believes the layoff was voluntary. It’s possible, but extremely unlikely, that you could get a “hardship discharge” if you were near the end of the plan and the unemployment rate was high in your area.

Read more for related video clips.

YouTube returned no videos for your query!

Comments are closed.