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#1
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What happens if the bankruptcy is paid off early?What is the name of your state? Georgia We filed bankruptcy in April 2003. A vehicle we included in the bankruptcy was totalled-so that claim was paid and the balance was applied to the bankruptcy which reduced the amount we owed. Do we still continue to pay for the 3 years and who gets the money? Or do we pay until the secured creditors are paid in full? Thanks! |
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#2
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| Secured creditors must be repaid at 100% in a Chapter 13. Check with your attorney before making a decision to pay off early. |
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