What Debts Can Be Discharged In Chapter 13 Bankruptcy?

While many people see bankruptcy as a way of getting out of debt, not all debts are eligible for bankruptcy. In order to figure out if bankruptcy is right for you, you need to understand if the type of debt you have can be included in a Chapter 13 bankruptcy. Mortgage Payments You should try to catch up on your mortgage payments before filing for bankruptcy. Your mortgage payment is an ongoing expense, so if you stop making them, you’ll lose your home.…