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Bare bones chapter 13 filing 2025

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The document outlines the minimum filing requirements for a Chapter 13 bankruptcy petition in the U.S. Bankruptcy Court for the Northern District of Illinois. It details necessary forms, including the Voluntary Petition, Exhibit D, and Statement of Social Security Number, along with instructions for payment of filing fees. The document emphasizes the importance of signing all required pages and provides guidance on credit counseling requirements and potential consequences for non-compliance.

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Versions	Form popularity	Fillable & printable
2024	4.9 Satisfied (32 Votes)
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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the downside to filing Chapter 13?

Under Chapter 13 bankruptcy, you agree to a three- to five-year debt repayment plan, based on your income, and creditors dont seize your assets as long as you make your payments.

What will I lose if I file Chapter 13?

You may be disqualified if your payment is insufficient to meet the repayment requirements or demonstrate a reliable ability to repay. Our attorneys can assess your financial situation and recommend suitable alternatives.

Do you lose everything in Chapter 13?

THE BENEFIT OF CHAPTER 13 The court may discharge the remaining amount you arent able to pay over the years. Another benefit of Chapter 13 is that you may keep your important assets, like your home or car. You dont have to give up everything to pay your debts and move forward in a better financial position.

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