If your plan covers that repayment of debts to your creditors and meets the requirements of the Bankruptcy Code, the court will confirm your Chapter 13 repayment plan. As long as you make all your plan payments and continue to pay your current living expenses (i.e., mortgage and car payments), the court will allow you to keep your property. The court confirms repayment plans for three (36 months) or 5 years (60 months).

As Chicago bankruptcy lawyers, we specialize in consumer Chapter 13 bankruptcy cases. We are the Chicago Chapter 13 bankruptcy lawyers who can help stop home foreclosures and car repossessions. As Chicago bankruptcy lawyers, Thomas Law Group, P.C. is here to answer your Chapter 13 bankruptcy questions. We serve clients in the entire Chicagoland area. Call 866-848-9183 or contact us online to schedule a free bankruptcy consultation.