The Basics of Chapter 13 Bankruptcy, part 3 of 3

At this point, you may be wondering “what is so hard about keeping up with a payment plan?”  Well, the main reason why most Chapter 13 repayment plans fail is because of the limited flexibility the court allows you to have when making payments pursuant to these plans. Either you made the payment or you didn’t. In a Chapter 13 bankruptcy, you must begin making payments pursuant to your...
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