By Jeff Field | Published October 30, 2019 | Posted in Bankruptcy | Tagged Tags: chapter 13, cramdown, creditors, repayment plan, secured debt | Leave a comment
How Georgia Bankruptcy Filers Can “Cram Down” Secured Debts
People in financial straits sometimes opt for a Chapter 13 bankruptcy, which lets them keep their property while they pay off either all or a reduced portion of their debt over time. Although it affords some relief, a Chapter 13 plan still puts pressure on debtors to repay. However, there is a way for them Read More
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