"What Happens After Chapter 13 Is Paid Off"
Chapter 13 Bankruptcy is a popular option for individuals who are looking to keep their assets while getting out of debt. This type of bankruptcy requires the debtors to make payments over a three- to five-year period, and once that period is up, the debtor is no longer responsible for any payments left on their debt. But after Chapter 13 is paid off, what happens next?
Once creditors have been paid in full or an individual has completed their repayment plan, they will receive a discharge certificate from the court. This means the debts that were included in the Chapter 13 Bankruptcy are no longer owed by the debtor. They can now start rebuilding their credit score without fear of being held liable for those past debts.
The Law Offices of Omar Zambrano has helped thousands of the 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 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706