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UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TEXAS DIVISION EL PASO IN RE: Case No. Chapter 13NOTICE OF EXTENSION OF LOAN MODIFICATION MATTER Comes now all parties to the Loan Modification Matter
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Gather all necessary financial documents such as income statements, debt information, and expense records.
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Complete the official forms required for filing Chapter 13 bankruptcy.
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Determine your eligibility by meeting the income requirements set by the court.
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Create a repayment plan outlining how you will pay off your debts over a specified period of time.
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File your case with the bankruptcy court and attend the required meetings as scheduled.
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Follow the terms of the repayment plan and make timely payments to creditors as agreed.

Who needs case no chapter 13?

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Individuals who have a regular income and are able to repay a portion of their debts over time may benefit from filing for Chapter 13 bankruptcy.
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Those facing foreclosure or repossession and looking to keep their assets may also find Chapter 13 bankruptcy to be a viable option.
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Chapter 13 bankruptcy allows individuals with a regular income to create a plan to repay all or part of their debts.
Individuals with a regular income who have unsecured debts less than $419,275 and secured debts less than $1,257,850 may file for Chapter 13 bankruptcy.
To file for Chapter 13 bankruptcy, individuals must gather financial information, complete official bankruptcy forms, attend credit counseling, and submit the paperwork to the bankruptcy court.
The purpose of Chapter 13 bankruptcy is to allow individuals to reorganize their debts and create a repayment plan that is feasible based on their income.
Individuals filing for Chapter 13 bankruptcy must report their income, expenses, assets, debts, and proposed repayment plan to the bankruptcy court.
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