Chapter 13 bankruptcy Personal loans Repossession Secured Creditor 
Sawin & Shea
NOVEMBER 15, 2023
Unsecured debt would include things like: Medical bills Credit card bills Utility bills Back rent Personal loans At the end of the bankruptcy process, the remaining balances for these types of unsecured debts will likely be forgiven. This is accomplished by entering into a reaffirmation agreement in a Chapter 7.
Sawin & Shea
JANUARY 25, 2022
To enforce secured debts, your creditors may repossess your car or other vehicles, they may foreclose on your mortgage, or levy against other property you have either pledged as collateral or that is subject to an involuntary lien. How your debt is handled in bankruptcy will depend on which type you file.
Expert insights. Personalized for you.
52 
Let's personalize your content