What Is Chapter 13? Chapter 13 can be a type of bankruptcy proceeding where debtors conform to a reorganization of their fiscal obligations underneath the supervision of the court.Phase 7 – Discharging the Bankruptcy – When you've got a Chapter 7 bankruptcy in Fredericksburg, the trustee will make your mind up whether you might have assets that
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Debtors are usually in a position to discharge most or all of their debts. Once a debt is discharged, a creditor may not endeavor to gather it with the debtor. Federal Court docket FinderFor the duration of the method, the courtroom will assign you a trustee. A trustee is usually a neutral third party who will Examine your scenario, accumulate your