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In distinction, the trustee in Chapter thirteen bankruptcy assessments the reasonableness in the payment approach you and your attorney made and distributes resources to creditors appropriately. They Engage in an important function in monitoring your progress throughout the repayment period

There are other variances concerning the two submitting options besides partial repayment or a whole discharge within your debts. A Chapter seven bankruptcy doesn’t guard you from losing your property to foreclosure, Whilst a Chapter thirteen may well assist you to avoid foreclosure.

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