After your plan has been confirmed, you are finally ready to jump into your fresh start. At last, you don't have to worry about creditors calling at all hours, getting a foreclosure notice in the mail, or part of your paycheck being taken in a garnishment. However, it is important to remember that in order to keep all these benefits, you must continue to play by the rules.
The rules for life after bankruptcy were simply created to stop you from getting right back into debt, which isn't hard, as you know. Before you can incur any new debt, you must first get the court's permission. To get the court's permission, you must show that you can afford your living expenses plus the payment that you plan to take on and that you truly need the property.
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What if you want to get a car during your Chapter 13. In order to get permission, you must prove that you need the car and that you can afford the car payment along with your plan payment. Perhaps your car broke down or was totaled in an accident--whatever the reason, as long as you can prove you need a new one, it shouldn't be a problem to get the court's approval.
The idea of filing a Missouri or Illinois Chapter 13 bankruptcy is that you are debt free when your case is finished. The bankruptcy rules are set so that you can avoid the downward path back to debt. If you add a payment to your budget that you can't afford, your case could be dismissed. If your case is dismissed, you and your family are right back in the danger zone with debt. But, now, you won't be able to face your creditors with the protection of a Chapter 13.
Once you've gotten through the bankruptcy process, having the life you want is easy to grab. You must simply be patient and know that this is a temporary restriction which could result in permanent lifestyle changes that you will benefit from forever.
The chapter 13 rules in Missouri or Illinois are pretty easy to follow and even easier with the assistance of an experienced St. Louis, Missouri bankruptcy attorney. Make sure you find an attorney who is willing to help you every step of the way.
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