What Happens After a Personal Loan Bankruptcy Discharge?
Sawin & Shea
FEBRUARY 28, 2024
The Chapter 13 plan reorganizes your various debts, including personal loans, into a monthly payment plan that lasts three to five years after your filing date. Unlike Chapter 7 , you’ll pay part of the money you owe on unsecured debts, but most Chapter 13 payment plans reduce the total amount you’ll need to pay.
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