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Tag Archives: Chapter 7 discharge

Bankr14

What Happens If I Convert a Chapter 13 Bankruptcy to Chapter 7?

By Julia Kefalinos |

In a Chapter 13 bankruptcy, a debtor submits a payment plan to the court. This plan ensures the debtor’s disposable income is used to pay back his or creditors as much as possible. But what if circumstances change and the debtor no longer has sufficient income to fulfill the payment plan? In such cases… Read More »

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