You are ready to make the commitment to get your financial life back together. You are ready to file a Chapter 13 bankruptcy in Minnesota. You understand that getting a Chapter 13 bankruptcy discharge takes time and may not occur for years. However, do you know what to expect in the short term?
What Happens and When in the Weeks Following a Chapter 13 Bankruptcy Filing
Once you decide to file for Chapter 13 and you have completed the requisite counseling, the first thing you will do is file a bankruptcy petition in Bankruptcy Court. That begins the bankruptcy process and, after that, you can expect that approximately:
After the Meeting of Creditors, creditors have the right to object to your repayment plan and the court may make changes. Of course, an experienced Minneapolis-St. Paul bankruptcy lawyer can anticipate problems and help you develop a repayment plan that will be approved by your creditors and the court.
Contact a Minneapolis Bankruptcy Lawyer Before You Start the Process
If you are ready to file for Minnesota bankruptcy protection, please call us today at 952.388.2942 or 1.800.619.8991 to schedule a FREE consultation. We also invite you to download a FREE copy of our book, What You Need to Know About Filing Bankruptcy in Minnesota, to learn more.