To file for chapter 13 bankruptcy you must first contact an attorney. A lawyer will help you determine whether you meet the eligibility requirements for chapter 13 bankruptcy. Once you are eligible, you will be required to fill out paperwork to initiate your case.

You must provide proof of your income and assets. In addition, you will need to submit copies of your most recent tax returns and bank statements.

Once you have filed for chapter 13 bankruptcy, the court will appoint a trustee to manage your repayment plan. The trustee will collect your payments and send them to your creditors.

You will also be required to attend meetings with your creditors. These meetings are called “confirmations.” During confirmations, you will discuss your repayment plan with your creditors.

After completing your repayment plan, the court will issue a discharge order. This means that your debt will no longer appear on any public records.

What Happens To My Credit Score After Filing For Chapter 13 Bankrupty?

Your credit score will likely decrease during the time you are in a chapter 13 bankruptcy. This is due to the fact that your debt will no long appear on your credit reports.

However, once you have completed your repayment plan, your credit score will begin to improve. Your credit score will continue to improve until all of your debts have been discharged. At this point, your credit score will return to its pre-bankruptcy level.