Texas Chapter 13 Discharge

State:
Texas
Control #:
TX-B-3180W
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PDF
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Description

Chapter 13 Discharge Texas Chapter 13 Discharge is the process of obtaining a permanent court-ordered debt relief through a Chapter 13 bankruptcy. It requires borrowers to submit a repayment plan to the court to pay off their debts over a period of 3 to 5 years. The repayment plan must be approved by the court before the borrower is eligible for a discharge. There are two types of Texas Chapter 13 Discharge: General Discharge and Total Discharge. A General Discharge discharges some debts in the repayment plan, while a Total Discharge discharges all of them. In a General Discharge, the borrower pays a portion of the debts, while the remaining portion is discharged. In a Total Discharge, all the debts are discharged. In Texas, Chapter 13 Discharge is available to borrowers who meet certain criteria, such as having a steady source of income and a manageable amount of debt. Additionally, the borrower must have completed all payments under the repayment plan. Once the court approves the repayment plan and the borrower has completed all payments, the court will issue a discharge order, which releases the borrower from their debts.

Texas Chapter 13 Discharge is the process of obtaining a permanent court-ordered debt relief through a Chapter 13 bankruptcy. It requires borrowers to submit a repayment plan to the court to pay off their debts over a period of 3 to 5 years. The repayment plan must be approved by the court before the borrower is eligible for a discharge. There are two types of Texas Chapter 13 Discharge: General Discharge and Total Discharge. A General Discharge discharges some debts in the repayment plan, while a Total Discharge discharges all of them. In a General Discharge, the borrower pays a portion of the debts, while the remaining portion is discharged. In a Total Discharge, all the debts are discharged. In Texas, Chapter 13 Discharge is available to borrowers who meet certain criteria, such as having a steady source of income and a manageable amount of debt. Additionally, the borrower must have completed all payments under the repayment plan. Once the court approves the repayment plan and the borrower has completed all payments, the court will issue a discharge order, which releases the borrower from their debts.

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Texas Chapter 13 Discharge