Can I keep my home in Chapter 13 Bankruptcy?

Yes, you can keep your home in Chapter 13 Bankruptcy in Washington. Chapter 13 Bankruptcy is a type of reorganization bankruptcy that allows you to spread out your debt over a period of time, usually three to five years. During this period, you must make regular payments to your creditors. In Chapter 13 Bankruptcy in Washington, you can keep your home by creating a repayment plan. This plan determines how much and how often you will make payments to your creditors. The amount you pay will be based on your income and assets, the amount of debt you owe, the types of debts you have, and other factors. In Chapter 13 Bankruptcy, you can also make payments to your secured creditors, such as your mortgage lender, to keep your home. You will be required to make regular payments to your secured creditors, as part of your repayment plan. As long as you make your payments on time and in full, you can keep your home throughout the course of the bankruptcy. At the end of your repayment plan, you will receive a discharge for the debts you owe, including any secured debt like a mortgage. After this discharge, you will be able to keep your home and no longer owe money on the debt.

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Can I keep my home in Chapter 13 Bankruptcy?

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