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After you officially file, the automatic remain commences. What this means is creditors can now not occur after you for that financial debt you owe. Almost everything must be handled through the courts.Chapter 7 filers don’t have that. They conform to have some of their property sold off Therefore the income could be provided to creditors, while
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Example. Fred shed weekly of revenue after the metropolis shut down as a result of hurricane flooding and couldn't make his every month Chapter thirteen payment. Fred contacted the trustee, who agreed that he could catch up by building two payments the next month, moreover the extra interest and late charges his lender would charge if the trustee f