There are various ways of dealing with debts that arise during the course of your Chapter 13 “adjustment of debts” case.
Almost all consumer bankruptcies are voluntary. Involuntary ones are mostly for businesses. Joint cases with your spouse save time and money.
To the extent you do not pay off your debts during a Chapter 13 payment plan, the remaining balance is usually legally written off forever.
Adjusting your mortgage and other home-related debts under Chapter 13 can often give your home the very best fresh start.
Chapter 13 “adjustment of debts”gives you extraordinary advantages over creditors, especially over certain kinds of creditors.