What happens if I’m late with my payments or skip a payment?

So let’s say I file for Chapter 13 bankruptcy. What happens if I’m late with my payments or skip a payment? My job isn’t really secure and my hours could be reduced during the summer.

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  1. If you miss a payment or skip a payment, the chapter 13 trustee could make a motion to dismiss your case for non payment. However, your attorney could modify your plan if you can show that missed or skipped payment resulted from lack of business or cut in your hours. Best to talk to your bankruptcy attorney or another experience attorney before that one missed payment turns into more then can be rectified.

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