Accrued Interest Creditors Lender Unsecured Creditor 
Sawin & Shea
JULY 14, 2021
Below is a rundown of what you can expect to happen when filing, which can help you manage your student loans: Stops Lender Harassment: When you file for Chapter 13 bankruptcy, something called “an automatic stay” goes into effect. This stay prohibits creditors, including your student loan lenders, from contacting you to collect any debts.
BN Lawyers
MARCH 23, 2020
Work with Creditors. Most creditors (lenders, suppliers, employees) will be aware of the distress facing the entire service industry. Many creditors will be willing to work with businesses. Creditors face their own pressures. Some creditors will inevitably insist on prompt payment. Prioritize Payments.
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