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Not known Factual Statements About What Happens If I Leave a Creditor Off My Bankruptcy

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A Chapter 7 debtor presents up nonexempt assets—the trustee liquidates unprotected residence for creditors—although not a Chapter thirteen filer. While it might seem like you'd get to keep additional assets, it's actually not correct. Chapter thirteen filers pay out the worth of nonexempt assets to creditors in the repayment https://gunnerihebz.getblogs.net/62078053/the-basic-principles-of-what-happens-if-i-leave-a-creditor-off-my-bankruptcy

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