Remove Credit Card Debt Remove Secured debt Remove Student Loans Remove Unsecured Creditor
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Will Bankruptcy Erase ALL of My Debt?

Sawin & Shea

That money will go to your Chapter 13 trustee, who will then distribute it amongst your creditors. A Chapter 13 Plan can help get you back on track with secured debts that you are behind on, like house or car payments. After the repayment period, any remaining debt will likely get discharged. Student Loans.

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What Assets Do You Lose in Chapter 7?

Sawin & Shea

The bankruptcy trustee will sell your non-exempt assets to pay a portion of your debts to creditors. You’ll then be able to discharge the balance of eligible debts, such as credit card debt and medical bills. The automatic stay prohibits creditors and lenders from attempting to recover what you owe.