Call for a free bankruptcy consultation

Louisville |


New Albany |

Schwartz Bankruptcy Law Center

An Attorney's Guide to Surviving Chapter 13 Bankruptcy

Nobody understands chapter 13 bankruptcy more than an Indiana bankruptcy attorney who has spent years dealing with the intricacies of various cases, studying legal decisions, and helping clients dig their way out. Let's take a look at some of the secrets attorneys have discovered: 

  • Paperwork matters. Any experienced bankruptcy attorney will stress the importance of the chapter 13 paperwork. In all, a petition with schedules and a detailed repayment plan can run in excess of 40 pages. With that being said, there are plenty of areas where mistakes can be made. When preparing your paperwork, be as accurate, honest, and thorough as possible.
  • Develop a strict budget. You cannot survive chapter 13 bankruptcy without making timely payments. The only way to do this is by creating a strict budget and diligently sticking to it. This will require you to cut out superfluous expenses and hone in on what really matters.
  • Stay on top of changes. If something changes in your life, notify your attorney immediately. The court can amend, restructure, or modify your plan at any point, but you must be upfront and honest about what is happening.
  • Find help. One of the best things you can do for your financial future is to use this time to find coaching or mentoring. By surrounding yourself with people who understand bankruptcy, you can better prepare yourself for the ensuing aftermath.

Keep these four tips in mind when dealing with chapter 13 bankruptcy and remember to always be as honest, accurate, and detailed as possible.

No Comments

Leave a comment
Comment Information
Make A Payment Email Us For a Response

Need A Solution To Your Debt Problems?

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

Make A Payment
Schwartz Bankruptcy Law Center

Office Locations:

Louisville Office
3339 Taylorsville Road
Louisville, KY 40205

Phone: 502-785-8549
Phone: 502-485-9200
Fax: 502-485-9220
Louisville Law Office Map

New Albany Office
501 State Street
New Albany, Indiana 47150

Phone: 502-785-8549
Phone: 812-945-9200
Fax: 502-485-9220
Map & Directions