After your Chapter 13 bankruptcy petition is filed, you can breathe a sigh of relief knowing that the first part is over. But, it’s not time to just sit back and relax. There are a number of things that you must keep up with in order to make sure that your debt is discharged through your Chapter 13 bankruptcy. If you follow this checklist, you are sure to be successful.
Checklist of Things to Do After Your Aurora Chapter 13 Bankruptcy is Filed
Make sure you are ready to make your payments as required by your payment plan.
You are required to start making payments to your trustee immediately. If you have a plan requiring weekly payments, then your first payment is due 7 days after your case is filed. For bi-weekly payments, you have 14 days. If you are using a payroll deduction to make your required payments, it may take some time for everything to process and for the payments to start applying correctly. You are responsible for making those payments until your payroll plan kicks in. If writing a check or sending a money order, make sure your name and case number is clearly printed. If possible, send your payment with a return receipt or pay in person to get a written receipt.
Plan ahead for your 341 Hearing or Meeting of Creditors.
There are a number of things you need to do to prepare for your 341 hearing. You must make sure that any unfiled tax returns are filed before the hearing to ensure that your trustee can evaluate the repayment plan. Review your Chapter 13 payment plan so you can answer any questions the trustee may ask about your debts or budget.
Collect and bring the correct documents necessary for the 341 Meeting of Creditors
Make sure you have the appropriate identification to bring to the meeting: a driver’s license and government issued ID with your full social security number showing. Also, if your Chapter 13 bankruptcy plan includes direct payments for mortgage, student loans, child support, etc. Bring proof that your accounts are current and that you have been making payments. You will also need to bring proof of vehicle and home insurance if you are paying for your car or house through your Chapter 13 bankruptcy.
Following these simple steps will ensure that you are successful in your Chapter 13 bankruptcy.