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Can a Debtor incur new debt while in Chapter 13?

April 26, 2017Chapter 13 debt debtor incur

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Can a Debtor incur new debt while in Chapter 13?

2 Answers

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Debtor can under limited circumstances incur new debt. The Trustee must approve most new debt incurred by a Debtor. For instance, a Chapter 13 Debtor cannot purchase a car on credit without the Trustee’s approval.

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A Debtor can under limited circumstances incur new debt. The Trustee must approve most new debt incurred by a Debtor. For instance, a Chapter 13 Debtor cannot purchase a car on credit without the Trustee’s approval.