That is equivalent to the whole worth of your bankruptcy estate minus the total worth of all your claimed exemptions. You pay out this amount of money to your creditors as time passes via a courtroom-ordered repayment system.Each individual scenario is unique. It’s crucial that you understand how Every single consolidation possibility could help

Chapter 13. It's less difficult to qualify for Chapter thirteen than for Chapter 7. In place of erasing your financial debt, this sort of filing reorganizes your paying out. You'll get to keep the assets, even so the courtroom will purchase a price range so that you can live on, which will contain a month-to-month payment approach for you