How Come My Attorney Cannot Always Tell me Which of My Debts Will be Discharged under Chapter 7?
Most of the time your attorney will know which debts will be legally written off in your bankruptcy. But not always, for two reasons.
chapter 7
What’s Different about the Discharge of Your Debts under Chapter 13?
Here’s the good news/bad news about the discharge of debts in a Chapter 13 payment plan compared to the discharge you get in a straight Chapter 7 case.
Here’s What You Need to Know about the Discharge of Your Debts under Chapter 7
The point of filing bankruptcy is to get relief from your debts. So, when and how DO those debts get “discharged”–legally written off–in a regular Chapter 7 bankruptcy?
What Happens to Your “General Unsecured Debts” in Chapter 7?
Your “left-over debts”–those which are neither secured by collateral nor belong to any of the special “priority” categories–often don’t drive the decision about whether to file Chapter 7 or 13. But you still need to know how these “general unsecured debts” are handled under these two options.