How do I convert my bankruptcy case from a Chapter 7 to a Chapter 13?

Converting your bankruptcy case from a Chapter 7 to a Chapter 13 in Colorado requires a few steps. First, you must file a “Motion to Convert” with the court that is handling your current case. This motion must include the reasons for wanting to convert your bankruptcy and provide proof of your eligibility for a Chapter 13. Next, you will need to file a proposed Chapter 13 repayment plan. This plan should explain how you plan to pay your creditors at least a portion of the money that you owe using your future income over a set amount of time. The repayment plan must be approved by the court. Finally, once the court has approved your proposed Chapter 13 repayment plan, your case will be converted from Chapter 7 to Chapter 13. When the conversion is complete, you will be required to make payments according to the new repayment plan. It is important to note that you may not be eligible for a Chapter 13 and the court may not approve your motion to convert. If this happens, you may still be required to complete the original Chapter 7 bankruptcy. Be sure to speak to a qualified bankruptcy attorney in Colorado to make sure that you are taking the right steps for your case.

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