People who struggle with insurmountable debt may want to consider Chapter 13 bankruptcy. However, with the benefits gained from filing for Chapter 13 comes severe restrictions. Thousands of people every year accomplish debt relief. According to the United States...
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What makes a Chapter 13 repayment plan work?
The repayment plan is the main feature of Chapter 13 bankruptcy. Instead of liquidating your major assets (as Chapter 7 bankruptcy does), you will spend the next three to five years making payments according to a specific plan. Once that plan reaches its conclusion,...