There are various ways of dealing with debts that arise during the course of your Chapter 13 “adjustment of debts” case.
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.
Bankruptcy is federal law. The U.S. Constitution has said so from the beginning. Find the Bankruptcy Code in Title 11 of the U.S. Code.
As of April 1, 2016 you can have a little more debt and still qualify for a Chapter 13 “adjustment of debts”
This Thanksgiving, even in the midst of scary personal financial pressures, there is much to be thankful for.
The ability to convert to a Chapter 13 case can be extremely important if something unexpected happens soon after filing a Chapter 7 case.