What debts are covered under Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy Law allows individuals to keep their property while paying off their debts over time. In West Virginia, individuals can file for Chapter 13 Bankruptcy when they are unable to repay their debts in full. There are many types of debts that can be included in a Chapter 13 Bankruptcy filing, including credit card debts, medical bills, personal loans, and other unsecured debts. Also, many types of secured debts can also be included in a Chapter 13 Bankruptcy filing. These include mortgages, car loans, and money owed on repossessions. It is important to note that these secured debts must continue to be paid in full during the reorganization period, or any arrears (missed payments) must be included in the repayment plan. In addition, certain tax debts can also be included in a Chapter 13 Bankruptcy filing, such as income tax or payroll tax debts. However, these debts must meet certain criteria, such as being at least three years old, in order to be eligible. Finally, any other unsecured debts that have arisen within the last few years before filing for bankruptcy may be eligible for inclusion in a Chapter 13 Bankruptcy filing. This includes any debts that were used to pay priorities, such as child support, alimony or taxes. To summarize, under Chapter 13 Bankruptcy Law in West Virginia, individuals can include a variety of debts in their filing. These include credit card debts, medical bills, personal loans, mortgages, car loans, and taxes. In addition, any other unsecured debts incurred within the past few years prior to filing may also be included.

What debts are covered under Chapter 13 Bankruptcy?

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