Unsecured debts are not legally attached to anything you own. They have no security. Certain special unsecured debts are “priority” debts. Unsecured Debts Debts that are unsecured are those which are not legally tied to anything you own. The creditor has no “security” attached to the debt, no “security interest” in anything. It has no right to repossess or … Read More
The trial, almost always in front of a bankruptcy judge and no jury, is the final determinator whether the challenged debt gets discharged.
In most Chapter 7 cases, there is not much practical effect to what creditors put on their proofs of claim.
The timing of your Chapter 7 “straight bankruptcy” case can make a huge difference in dealing with your debts.