What happens if I get discharged from Chapter 13 bankruptcy?

If you've been discharged from your chapter 13 bankruptcy, it's a good idea to know what that means and what you're now responsible for. The Discharge is the official removal of your obligations to make payments on the debts you owed when you filed for your bankruptcy. In essence, this means you are not legally responsible to pay for the debt that was “discharged” or listed in your chapter 13 plan. If you fail to comply with any term of the Discharge, then the court may "re-open" the bankruptcy case, which means that your debts will once again be in effect. A common way to fail to comply with the Discharge is by not maintaining current monthly contact with your chapter 13 trustee or not completing a debt repayment plan within five years of receiving your discharge. You must also keep in mind that even though you are no longer responsible for payments on the debts included in your bankruptcy plan, there will be certain debts that have not been discharged. For example, most tax debts will still need to be repaid after receiving a discharge.

If you would like more information about what happens if you get discharged from your chapter 13 bankruptcy case, speak with an attorney who specializes in bankruptcy law. This law firm might be able to help you with a free consultation:

Ascent Law LLC

8833 S Redwood Rd Ste C

West Jordan UT 84088

(801) 676-5506

https://g.page/AscentLaw

https://www.ascentlawfirm.com/chapter-13-bankruptcy-compared-to-other-debt-solutions

 

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