Cool Chapter 13 Bankruptcy Illinois References. You also get to keep most of your property. You must file your repayment plan either with your petition or within 14 days after filing your.
Web automatic stay once you file bankruptcy, all collection activity by your creditors or collection agencies must stop. Foreclosures and repossessions cannot go. This is different from a chapter 7 bankruptcy, in which the debtor’s assets are collected and used to pay creditors, while any remaining debt is immediately discharged.
