Sacramento Bankruptcy: Can Chapter 13 Bankruptcy Allow you to Eliminate Unsecured Debts?
Most often, Chapter 13 allows debtors to pay only a portion of their unsecured debts. Unsecured debts are often substantial and include such things as payday loans, credit card debt, medical bills, and overdue utilities. After the Chapter 13 bankruptcy plan is completed those unsecured debts which are not paid are then discharged. In addition, if a creditor fails to file a claim with the court, then their debt will not be paid at all. A Sagaria Law attorney in Sacramento can help you learn more.