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"What Happens After Chapter 13 Is Paid Off"


When a Chapter 13 bankruptcy is completed and the debtor has made all required payments, the debtor is released from any remaining dischargeable debts. This means that the debtor no longer owes money to creditors and collection agencies. The release from debt also means that the debtor's credit report will show that the debt was paid in full through bankruptcy.

While a Chapter 13 bankruptcy will stay on a credit report for seven years, it is not as damaging as a Chapter 7 bankruptcy, which stays on a credit report for 10 years. After a Chapter 13 bankruptcy is paid off, the debtor can begin rebuilding their credit by making timely payments on new lines of credit.


It is important to note that some debts, such as child support or alimony, cannot be discharged in bankruptcy. These types of debts must be paid in full even after a Chapter 13 bankruptcy has been completed.




The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.



Our goal is to help you find a fresh start FAST!


Schedule your free consultation today! By Calling on the number 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706






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