May a person whose debts are being administered by a financial counselor file under chapter 13?
Yes. A financial counselor has no legal right to prevent a person from filing any type of bankruptcy case, including a chapter 13 case.What types of debts are dischargeable under chapter 13?
A full chapter 13 discharge must be granted upon the completion of all payments required in the plan discharges a debtor from all debts except: debts that were paid outside of the plan and not covered in the plan, debts for alimony, maintenance, or support debts for...How does filing under chapter 13 affect collection proceedings and foreclosures previously filed against the debtor?
The filing of a chapter 13 case automatically stays (stops) an lawsuits, attachments, garnishments, foreclosures, and other actions by creditors against the debtor or the debtor’s property. A few days after the case is filed, the court will mail a notice to all...What is a chapter 13 discharge?
It is a court order releasing a debtor from all dischargeable debts and ordering creditors not to collect them from the debtor. A debt that is discharged is one that the debtor is released from and does not have to pay. There are two types of chapter 13 discharges: a...Will a person lose any property if he or she files under chapter 13?
Usually not under chapter 13. Creditors are usually paid out of the debtor’s income and not from the debtor’s property. However, if a debtor has valuable nonexempt property and has insufficient income to pay enough to creditors to satisfy the court, some of the...
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