Category: Chapter 13 Bankruptcy

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8 Tips to Making Chapter 13 Bankruptcy Work for You 8 Tips to Making Chapter 13 Bankruptcy Work for You

When you file for Chapter 13 bankruptcy, you should be in a better position to pay your bills, but making bankruptcy work may not be as easy as you think. You will set up a plan to repay your debts over a period of 3-5 years, during which you will have to take control of your finances. If you aren’t careful, you could end up back in the same financial situation that you were in before filing.

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Getting Approval for a Car Loan in Chapter 13 Bankruptcy Getting Approval for a Car Loan in Chapter 13 Bankruptcy

One of the best ways to rebuild your credit after bankruptcy is to get a car loan and make the payments on time; however, if you are in open Chapter 13 bankruptcy you will have to get approval from the court. Although you may not want to go through the hassle of getting approval, it’s absolutely necessary before you take on additional debt. Not doing so could land you in hot water, and could even result in dismissal of your bankruptcy.

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