C. DEBTS AND CREDITORS. PART 3 OF 5.
DEBTS YOU HAVE TO PAY AFTER YOUR BANKRUPTCY ENDS.
Although you are released from most debts at the end of your bankruptcy, there are others you may still be required to pay. For example, after bankruptcy you will remain liable for:
-debts incurred by fraud.
-maintenance debts, including child support.
-accumulated higher education contribution schemes and higher education loan programs debts.
File Personal Bankruptcy.i must be agree with this Chapter 7 bankruptcy can be eliminate most kinds of unsecured debt and Chapter 13 bankruptcy can enables individuals with regular income bases to develop a plan to repay the debt.If the debtor’s current monthly income is less than the applicable state media then also there is same plan for the Debt…….???????
ReplyDeleteRepaying the liable debt's over the bankruptcy period is the right way. eg. child support, HEC fees, etc.
ReplyDeleteObtaining a financial professional would help a person learn to budget and prepare for the future. Hopefully then a person would acquirer better skills with financial planning with professional guidance.
NOTE: a regular income is paramount.