Are all my debts discharged in Chapter 13 Bankruptcy?

No, not all of your debts are discharged in Chapter 13 Bankruptcy. Chapter 13 Bankruptcy Law in Virginia is designed to help individuals reorganize their debts and reduce their monthly payments. The goal of a Chapter 13 Bankruptcy is to allow you, the debtor, to make a plan to repay your debts over a three or five-year period. During this repayment period, you must make regular payments on your debts. At the end of the repayment period, some of your debts may be fully discharged, meaning that you are no longer responsible for paying them back and they are no longer part of your financial obligations. Not all of your debts will be discharged, however. Certain types of debts, such as child support, student loans, some taxes, and certain other debts, are generally not discharged through a Chapter 13 Bankruptcy in Virginia. You must still pay these debts at the end of the repayment period. By filing for Chapter 13 Bankruptcy in Virginia, you can restructure your debts and make managing them more manageable. However, it is important to understand that not all of your debts will be discharged at the end of the repayment period. Be sure to review your debts and consult with a qualified attorney to determine which debts will be discharged and which ones must still be paid.

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