What happens if I miss a payment in my Chapter 13 bankruptcy plan?

If you miss a payment in your Chapter 13 bankruptcy plan, it can have serious consequences. The bankruptcy court expects you to follow the agreed-upon plan and make regular payments towards your debts. If you fail to do so, your case may be dismissed, leaving you unprotected from creditors. Additionally, the court may not allow you to modify your payment plan or add new debts, making it harder for you to manage your financial situation. Furthermore, missing payments could result in the loss of any property that was protected under the bankruptcy plan. It is crucial to communicate with your bankruptcy attorney if you encounter difficulties making payments, as they may be able to help you seek appropriate alternatives or modifications to your plan.