Lefkovitz & Lefkovitz
Nashville Office 615-686-2279 Cookeville Office 931-400-2218
Serving all of Middle Tennessee's Bankruptcy Needs

What debts will Chapter 13 not get rid of?

When filing for Chapter 13 bankruptcy, it's just as important to know what types of debt you cannot get rid of in Tennessee as it is to know what debt it can eliminate through a discharge and restructuring. A few of the things that Chapter 13 will not touch are as follows:

1. Mortgages. This is generally true in most cases. When you have a long-term debt that is going to take longer to pay back than the length of your repayment plan, you can't lump it into that plan.

2. Child support. You still have to pay child support as ordered by the court, as this is not really a "debt" in the traditional sense, but a financial obligation. The same is true for spousal support.

3. Restitution payments or fines for criminal activities. Again, these are not traditional debts, but things you are obligated to pay based on your actions and the court case. The ruling in the bankruptcy case is not going to override the earlier court case or conviction.

4. Money you owe for drunk driving. This is similar to the above, If you're cited for a DUI and told to pay a fine, you still have to pay it in full.

5. Student loans. There has been some talk about changing this as the student loan debt mounts in the United States. However, currently you cannot get rid of these loans with Chapter 13 bankruptcy.

If you're looking to file for bankruptcy, make sure that you really know how the filing is going to impact your debt and your financial situation.

Source: FIndLaw, "Debts that Remain After a Chapter 13 Discharge," accessed July 18, 2015

No Comments

Leave a comment
Comment Information

We Look At Your Case From Every Angle To Find The Solution That Is Right For You

Bankruptcy help for everyone, from the most simple to the most complex cases.

Call Us Now To Schedule A Free Initial Consultation

Contact our Nashville office at 615-686-2279 or our Cookeville office at 931-400-2218. You can also reach us via email to set up a time to talk to us about your debts.

Get Legal Help Now

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Nashville Office
618 Church Street, Suite 410
Nashville, TN 37219

Phone: 615-686-2279
Fax: 615-255-4516
Nashville Law Office Map

Cookeville Office
312 East Broad Street, Suite A
Cookeville, TN 38501

Phone: 931-400-2218
Fax: 931-526-6244
Cookeville Law Office Map

Back To Top