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a person lose any property if he or she files a chapter 13 case?

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a person lose any property if he or she files a chapter 13 case?

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Usually not. In a chapter 13 case, creditors are usually paid out of the debtors income and not from the debtors property. However, if a debtor has valuable nonexempt property and has insufficient income to pay enough to creditors to satisfy the court, some of the debtors property may have to be used to pay creditors.

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