The Chapter 13 Repayment Process | Learn About Law
In Chapter 13 bankruptcies, debtors pay some or all of their debts over the course of either three or five years according to a repayment plan. In this episode, we explain #Chapter13 #bankruptcy repayment plans, including the different classes of creditors, how each creditor must be treated under the payment plan, and how the length of the payment plan is determined.
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O'Flaherty Law has convenient offices located in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage, Will, Cook, Lake, Kane, Kendall and McHenry Counties. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense.
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