Arkansas Bankruptcy Lawyer and Consumer Protection Law Firm

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870-972-1150
2702 South Culberhouse Drive
Suite N
Jonesboro, AR 72401

How Does Chapter 13 Bankruptcy Work?

Chapter 13 bankruptcy in Arkansas is similar to, but not the same as, Chapter 7 bankruptcy.

In Chapter 13 bankruptcy we will work with you to prepare a Plan that outlines how you will pay what you need to pay to accomplish your goals.

A Chapter 13 lasts a minimum of three (3) years, and can run as long as five (5) years, depending upon your income and debt levels.  During this time you will make monthly payments to the Chapter 13 Trustee assigned to your case.  Your creditors cannot take any action against you during this time – including lawsuits, wage garnishees, and foreclosures.

About thirty (30) days after your case is filed with the court you will have a short meeting with the Chapter 13 Trustee.  Don’t worry!   Your lawyer will be there with you to answer any questions you have.  After this meeting, there is a ten (10) day period for creditors to object to their treatment in the plan.  Most objections are procedural and won’t require you to attend any more hearings.  If objections are filed, we will get them resolved.  Once all objections, if any, are resolved, your case will be confirmed.  You will continue to make your payments for the duration of your confirmed plan.  Upon completion of the plan, the court will issue you an Order of Discharge, your case will be closed and your bankruptcy should be complete.

Chapter 13 bankruptcy can be a very smooth process if your case is prepared properly.  We pride ourselves on the number of successful Chapter 13 bankruptcy cases we have filed, and look forward to helping you as well.

Contact us online or call 870-972-1150 to start the process.  Set up a free, no-obligation consultation appointment with an experienced Arkansas bankruptcy lawyer.

We are a Federally Designated Debt Relief Agency, and help people file for Bankruptcy protection.