When filing Chapter 13, you'll have to post a proposed payment plan. Eventually, the court would require you to pay the mandatory debts and get a discharge of qualified debts.When you file your Chapter seven bankruptcy in New Jersey, the court will assign a bankruptcy trustee to administer the case. You’ll be notified within your trustee’s data

Chapter 13 does consider extended than Chapter seven, but it surely helps you to continue to be on top of things and keep on producing payments, which may have less of the effect on your credit history score. Once your repayment period is up, all remaining debts might be discharged therefore you can center on credit rating restoration.Chapter seven

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