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How does one address unsecured creditors in a chapter 13 bankruptcy and what will the debtor pay?

April 26, 2017address Bankruptcy Chapter 13 Creditors debtor pay unsecured

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How does one address unsecured creditors in a chapter 13 bankruptcy and what will the debtor pay?

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A. Lets imagine the most typical chapter 13 bankruptcy repayment plans. Figure that you get to reduce your unsecured debt to ten cents on the dollar. Then use the same formula discussed above to pay that amount over 60 months plus the trustees fees.