Chapter 13 comes with a right to dismiss. This means that at any point of your case you can get out of the case and out of the bankruptcy system altogether.

How many times can you file bankruptcy? The time between bankruptcies varies depending on the type of bankruptcy your originally filed. You can generally re-file for a Chapter 13 bankruptcy every 2 years and a Chapter 7 bankruptcy every 8 years.

If you want to reopen your bankruptcy, you will need to file a motion to reopen with the court and set forth the reasons you want the court to reopen your case. In many jurisdictions you can file an ex parte motion (meaning without giving notice to other parties) for the court to review.

The Bankruptcy Code allows debtors in Chapter 13 cases to voluntarily dismiss their bankruptcy case at any time. The ability to dismiss a case can be useful in many different situations. For example, when plan payments are higher than anticipated when the case is filed, debtors may wish to have their case dismissed.

The simple answer really is that there’s no grace period. The Bankruptcy code requires that payments begin no later than 30-days after the case is filed and that they continue to be made every 30-days thereafter, unless the court changes this payment requirement.

Cell Phones and Chapter 13 Bankruptcies In a Chapter 13 bankruptcy, you’re filing a debt repayment plan with the court. Because you’re asking for debt reduction or more time to repay your debts rather than simply declaring you can’t pay them, the court allows you to keep your possessions. This includes your cellphone.

Credit Cards – You may be able to get a new credit card during Chapter 13. If you’d like to rebuild your credit, opening a secured credit card can help.

Yes, you can apply for credit cards after going through bankruptcy, although it may be difficult to qualify for the kind of credit cards you want. With a Chapter 13 bankruptcy, you are responsible for paying back a portion of the debt that you owe.

Money saved in a 401k is “exempt” in bankruptcy and cannot be taken by the bankruptcy trustee. Withdrawing from a 401k in a Chapter 13 would have to be approved by the court because the debtor must commit all of her disposable monthly income to the Chapter 13 plan.

You are not allowed to borrow any significant amount of money while in a Chapter 13 because it reduces the amount you have available to pay other creditors. The fact that this asset is exempt is irrelevant because you have to pay the money back or quit your job.