An important advantage of Chapter 13 is the fact that a approach is usually structured so that you can keep the household and auto. When you file for Chapter 13, creditors cannot foreclose on the house or repossess your vehicle.
Bill and Kathy needed to repay the court expenditures and
Secured personal debt. Personal debt confirmed by collateral, for instance your home or car or truck, is "secured" personal debt. You have to spend secured financial debt payments and arrearages to maintain the home.
Money specifications. Once you file a Chapter thirteen bankr
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