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US Legal Forms
Localized Forms
Indiana
Indianapolis
Chapter 13 Discharge

Indianapolis Indiana Chapter 13 Discharge

Category:

Bankruptcy - Official - National

State:

Multi-State

City:

Indianapolis

Control #:

US-B-3180W

Format:

PDF

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Description

Chapter 13 Discharge

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Interesting Questions

Will I lose my property if I file for Chapter 13?

Not at all! One of the perks of Chapter 13 is that it helps you keep your property, as long as you stick to your repayment plan.

Can I modify my repayment plan under Chapter 13?

Absolutely! If your financial situation changes, you can request a modification to your repayment plan to make it more doable.

What happens if I miss a payment in my Chapter 13 plan?

If you miss a payment, it could lead to serious trouble, like the risk of having your case dismissed or losing the chance for a discharge, so it’s important to keep current.

Do I need to attend a meeting after filing for Chapter 13?

Yes indeed! You’ll need to attend a meeting of creditors, which is a formality where you answer questions about your financial situation and repayment plan.

How long does it take to get a discharge under Chapter 13?

Typically, it takes about three to five years to get a discharge under Chapter 13, depending on your repayment plan and how well you keep up with it.

What is Chapter 13 discharge in Indianapolis?

Chapter 13 discharge is when the court officially wipes the slate clean by confirming that you have completed your repayment plan, allowing you to start fresh without certain debts.