Just after completing all payments from the confirmed Chapter thirteen program, the courtroom discharges your bankruptcy, which cancels the balances of qualifying debts. This does not contain very long-phrase obligations just like a dwelling home finance loan, debts for alimony or youngster assistance, and selected taxes.By clicking “Post”, you
Fredericksburg bankruptcy attorney for Dummies
For example, a debtor may possibly make a reaffirmation settlement With all the holder of a car or truck Be aware the debtor can keep the car and have to continue to pay the debt right after bankruptcy.“That doesn't indicate which you should hold all you own. Rather, bankruptcy exemption regulations safeguard residence that folks require, such as