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- . Bankruptcy advice bankruptcy articles Bankruptcy Attorneys Bankruptcy faq California Bankruptcy attorney chapter 7 Los Angeles Bankruptcy Attorney" />

Can you convert a chapter 13 bankruptcy to a chapter 7 bankruptcy?

Can you convert a chapter 13 bankruptcy into a chapter 7 bankruptcy?

Yes, in California you can convert a chapter 13 bankruptcy into a chapter 7 bankruptcy.

Los angeles bankruptcy lawyer notes that there are certain circumstances when it may make sense for those who are in Chapter 13 bankruptcy to convert to Chapter 7 bankruptcy.

California bankruptcy law allows debtors to convert from Chapter 13 bankruptcy to Chapter 7 bankruptcy at any time during the repayment period.  Generally, a motion is filed by the debtor requesting that their chapter 13 bankruptcy

This can be a useful provision if:

  • You have had a dramatic change of financial circumstances and you are no longer able to make your scheduled payments according to your Chapter 13 bankruptcy plan.  The most common reason for this is the loss of a job.
  • The size of your household has changed and you have increased expenses to support those people.  This can occur if you must take in an elderly relative, or if you have a child.
  • You incur significant medical debt because of an illness or accident and cannot afford to pay your medical bills.

You should first consult with a California bankruptcy lawyer to determine if you qualify for a conversion from Chapter 13 to Chapter 7 bankruptcy.

If you need help navigating the intricacies of filing a California bankruptcy, contact our Los Angeles bankruptcy law firm at (818) 714-2200.

If you are looking for a  Bankruptcy Attorney in North Carolina call the Maxwell Law Firm at 704-461-1883. You can also schedule your own appointment online.

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