Unsecured Debt in Chapter 13 Bankruptcy
Check out this video to learn what happens to unsecured debt in chapter 13 bankruptcy in Florida. Then call Perenich the Law Firm for a free legal consultation.
What happens to my debt when I file chapter 13 bankruptcy?
Once in a while a Chapter 13 client will ask whether credit card debt is part of the payment plan. The answer is simply that the debtor makes a payment once a month to a bankruptcy trustee who is assigned to the case. The terms of the plan determine how that money is divided up among the creditors. Every creditor in a bankruptcy case is entitled to file a claim, including a credit card lender.
The best suggestion I can make is that if you, a friend, or a family member has questions about Chapter 13, please give us a call. I’ve been representing Chapter 13 clients throughout the state of Florida for about 30 years. We provide a free consultation, and we are happy to help.
Are you or a loved one unable to pay your debts and have questions about unsecured debt in Chapter 13 bankruptcy? Contact our experienced Tampa Bay Bankruptcy Lawyers at Perenich The Law Firm today for a free consultation and case evaluation.
Our Florida law firm helps those struggling with debt see the light at the end of a dark tunnel. Let us navigate it for you.
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