Chapter 7, not surprisingly, discharges credit card credit card debt against assets that the bankruptcy trustee can liquidate. Chapter thirteen involves a repayment approach. But selected debts are prioritized above Other folks and unsecured debts are typically prioritized the bottom. Even when you do wind up needing to repay a number of your unsec

In a chapter 13 scenario you file a “plan” demonstrating the way you will pay off a number of your earlier-because of and recent debts above a few to five years. The most important point a few chapter 13 circumstance is that it will assist you to keep beneficial assets–In particular your property and car or truck–which could normally be los

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