Your Debts in Chapter 13 Bankruptcy

In Chapter 13 bankruptcy, you keep your property and repay your debts through a plan that lasts three to five years. Chapter 13 filers must pay some debts in full through the Chapter 13 plan, such as mortgage arrears. Debtors may pay only a percentage of the full amount owed on other debts, such as nonpriority, unsecured debts. At the end of the repayment period, the remaining balances on those debts are discharged (wiped out). Some unsecured debts, however, are not discharged through Chapter 13 bankruptcy.

Below you'll find articles on how secured and unsecured debts are treated in Chapter 13 bankruptcy, and which debts won't be discharged at the end of your repayment plan.

And if you are concerned about your mortgage or car loan, visit our topic areas on homes and cars to find articles on those particular debts.