Tennessee Bankruptcy Reorganization Lawyer
The Nashville law firm of David F. Cannon has successfully represented countless people throughout Tennessee in bankruptcy. Bankruptcy allows you to repay your financial obligations according to your ability. In Chapter 13 bankruptcy, you can choose to repay your secured debts such as your car or mortgage, and a portion of your unsecured debts such as credit card bills and medical bills over a three- to five-year time frame.
How Does the Chapter 13 Discharge Work?
If you successfully complete your Chapter 13 payment plan, you will be entitled to a discharge of any remaining unsecured debts under your payment plan. Once this debt is discharged, your creditors cannot take further action against you to collect upon these debts. Your remaining unsecured debt is discharged at the successful conclusion of your payment plan.
Certain debts will not be discharged under a Chapter 13 bankruptcy. These debts include:
- Your remaining home mortgage
- Any unpaid alimony or child support obligations
- Certain taxes
- Student loan debts
Certain debts that cannot be discharged in Chapter 7 can be discharged in Chapter 13. Some of these debts include nondischargeable tax obligations and debts from property settlements in divorce. If you enlist our law firm to represent you in your bankruptcy, our attorneys will help you understand whether or not Chapter 13 bankruptcy will meet your needs.
Further, if you are in the midst of a Chapter 13 repayment plan and are unable to keep up with your plan, you may be able to modify your payment plan or convert your Chapter 13 bankruptcy into a Chapter 7 filing.
Contact Nashville Chapter 13 Discharge Lawyer David F. Cannon
To learn more about the Chapter 13 discharge, call 615-800-3725 or toll free at 877-696-8680. You may also e-mail our law firm to schedule a consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
