Lefkovitz & Lefkovitz
Nashville Office 615-686-2279 Cookeville Office 931-400-2218
Serving all of Middle Tennessee's Bankruptcy Needs

What happens if you miss a Chapter 13 repayment?

When you decide in favor of Chapter 13 bankruptcy in Tennessee, you realize that you will pay back some or all of your debt through a repayment plan. This typically lasts three or five years, and as long as you make your payment in full and on time you don't have anything to worry about.

But here is something to think about: It is possible that you could miss a scheduled payment. If this happens, you need to know which steps to take and how to deal with any backlash that may come as a result.

If you missed a Chapter 13 repayment plan payment, the trustee is within his or her rights to dismiss your case from the court.

If the bankruptcy court decides to dismiss your case, you are back at square one. At this point, creditors can once against begin collection activities against you, as you are no longer protected by bankruptcy laws.

In the event that you are unable to make a payment, don't hide from your trustee. Instead, let the court know what is going on. You may be able to request a new plan, especially if you have run into financial difficulties due to a job loss, medical event, or some other serious matter.

It is your responsibility to make sure all Chapter 13 repayment plan payments are made. As long as you stay on track, you will eventually come out the other side in a better position. If you happen to miss a payment, however, there is a chance that your case could be dismissed.

Source: FindLaw, "Chapter 13 Bankruptcy Rules FAQ," accessed Feb. 01, 2016

No Comments

Leave a comment
Comment Information

We Look At Your Case From Every Angle To Find The Solution That Is Right For You

Bankruptcy help for everyone, from the most simple to the most complex cases.

Call Us Now To Schedule A Free Initial Consultation

Contact our Nashville office at 615-686-2279 or our Cookeville office at 931-400-2218. You can also reach us via email to set up a time to talk to us about your debts.

Get Legal Help Now

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Nashville Office
618 Church Street, Suite 410
Nashville, TN 37219

Phone: 615-686-2279
Fax: 615-255-4516
Nashville Law Office Map

Cookeville Office
312 East Broad Street, Suite A
Cookeville, TN 38501

Phone: 931-400-2218
Fax: 931-526-6244
Cookeville Law Office Map

Back To Top