What is the discharge of debts in Chapter 13 Bankruptcy?

A discharge of debts under Chapter 13 Bankruptcy in West Virginia is a court order that permanently eliminates certain types of debt, such as credit card debts, medical bills, and other unsecured debts. Debtors under Chapter 13 must follow a repayment plan that is approved by the court and lasts from three to five years. During that time, the debtor must make regular payments to the bankruptcy trustee, who in turn pays creditors based on the repayment plan. At the end of the repayment plan, if the debtor has made all the payments and fulfilled other requirements, the court will issue a discharge of debts. This means that the debtor is released from any legal obligations to pay certain debts and any lender that is listed in the repayment plan can no longer contact the debtor or take any action to collect on the debt. This does not apply to all debts, however. Certain debts such as certain taxes, alimony, child support, and student loans are not discharged. A Chapter 13 discharge of debts in West Virginia is permanent and loans that are discharged can no longer be collected. However, the discharge does not remove a negative credit report about the debtor, and creditors may still be able to report the debt as unpaid. Finally, debtors should note that any debts acquired after filing for bankruptcy are not discharged.

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What is the discharge of debts in Chapter 13 Bankruptcy?

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