Chapter 13 bankruptcy Debt collector Personal loans Repossession 
Sawin & Shea
JANUARY 18, 2023
In that case, the bankruptcy court will recommend that you declare Chapter 13 bankruptcy , which consolidates your debts into a three-to-five-year repayment plan. What Happens After You File Chapter 7 Bankruptcy? Additionally, your creditors will not be allowed to contact you.
Sawin & Shea
NOVEMBER 15, 2023
If a debt is unsecured, no collateral is put up as a guarantee to pay. Unsecured Debt What is unsecured debt? However, it is important to note that before bankruptcy is declared, lenders can still come after you to get you to pay off the unsecured debt.
Sawin & Shea
JANUARY 25, 2022
When you fail to make payments on your secured debts and default, some creditors can immediately enforce their rights to seize your property without suing you. However, before a lawsuit is filed, lenders of unsecured debt will typically hire debt collectors in an attempt to recover what you owe.
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