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Converting a Chapter 13 Bankruptcy into a Chapter 7 Bankruptcy

Some debtors who file for Chapter 13 bankruptcy may find themselves unable to keep up with the payment plan. Whether they are facing a job loss, serious injury, or some other financial emergency, they may not be able to meet their responsibilities under Chapter 13 law. In this situation, a person may be able to convert their bankruptcy to a Chapter 7 bankruptcy, allowing them to discharge many of their debts, rather than pay them back.

If you need help filing for bankruptcy or are in need of advice regarding the bankruptcy process, we can likely assist you. For a free consultation regarding your next steps as a debtor, contact Cincinnati chapter 7 bankruptcy lawyer Ryan J. Ruehle Attorney at Law, LLC, at (513) 621-0999 today.

Qualifications for a Bankruptcy Conversion

When a person files for Chapter 13 bankruptcy, they don’t need to fulfill the same requirements as debtors going through the Chapter 7 process. Because of this difference between the two forms of bankruptcy, a person will need to find out if they qualify for a conversion before they switch their forms of bankruptcy. In order to convert their case, a person may:

  • Need to pass the means test
  • Need to file the proper paperwork
  • Need to go through a creditors’ meeting

If a debtor qualifies for exemptions, some courts may allow them to file for these exemptions at the time of conversion. This can help a debtor save a considerable amount of property.

Contact Us

To discuss your options as a debtor if you’re facing problems with your bankruptcy proceedings, contact Cincinnati chapter 7 attorney Ryan J. Ruehle Attorney at Law, LLC, by calling (513) 621-0999 today.





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