With Chapter 13, you book a plan on how you will pay aback some of your debt. Assertive debts accept priority, and usually you allegation use all your added assets in payments. But this can admonition you accumulate your car or home if you accept collapsed abaft on your payments. If you don't book claimed bankruptcy, the creditors accept abounding avenues to try to accost their debt, including ones that may leave you afterwards any money at all. These are a few of the things that can happen:
* Repossession of acreage or vehicles.
* Liens.
* Garnishment of your paycheck.
* Attachments to your coffer account.
* Freezing your assets.
* Turning off utilities.
* Eviction.
Friday, September 5, 2008
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