Missing A Chapter 13 Scheduled Payment

Check out this video to learn about missing a Chapter 13 scheduled payment in South Jersey. Then call attorney Andrew Carroll for a free legal consultation.

Question:

What happens if I miss a scheduled payment under a Chapter 13 repayment plan?

Answer:

Missing a Chapter 13 Scheduled Payment Another question we get from our Chapter 13 clients in our South Jersey office is, “If I miss a payment, what happens? After all, Chapter 13 bankruptcy is a repayment plan.” What happens when you miss a payment is the trustee will send you a warning letter. Remember, this is the person who is handling your payments every month to your creditors. They’ll give you a letter letting you know that you are behind, and they will give you the opportunity to remedy that. It’s important that you remedy that situation right away. If you have any more questions about Chapter 13 bankruptcy or what to do if you missed a payment, please contact our office.


Are you or a loved one unable to pay your debts and have questions about missing a Chapter 13 scheduled payment? Contact experienced South Jersey Chapter 13 bankruptcy attorney Andrew Carroll of All Jersey Bankruptcy today for a free consultation and case evaluation.

We are dedicated to giving you the answers that you need in order to make an informed decision about whether bankruptcy is the best decision option for you.

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