Change in Income
The most significant impact of changing jobs while in a Chapter 13 bankruptcy is a change in income. If your income increases or decreases, this can impact the amount you must pay your creditors under the bankruptcy repayment plan. If your income increases, your monthly payment to creditors may also need to increase. On the other hand, if your income decreases, you may no longer be able to afford your monthly payments and may need to seek a modification to your repayment plan.
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