What is the process for filing Chapter 13 Bankruptcy?

In West Virginia, filing for Chapter 13 bankruptcy is a multi-step process. First, you must obtain a credit counseling certificate from an approved counselor. This certificate is valid for 180 days and will be used to verify that you received the necessary information about debt relief options. Next, you must file a petition for relief with the West Virginia bankruptcy court. This petition must include detailed information about your income, expenses, debts, property, and assets. You must also submit tax returns or other documents that provide more information about your financial situation. Once your petition is approved by the court, you will be required to submit a repayment plan. This plan must provide details about how you plan to repay your creditors over the course of three to five years. Once your repayment plan is approved, you must make timely payments as specified in your plan. Finally, you must attend a meeting of creditors, where you must answer questions about your repayment plan. After the meeting is over, the court will issue a discharge order that cancels any remaining debt in accordance with your plan. This marks the completion of the Chapter 13 bankruptcy process and allows you to begin the process of rebuilding your credit.

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What is the process for filing Chapter 13 Bankruptcy?

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