When you are filing for Chapter 13 bankruptcy, you may find it much easier to pay off your debts. However, by filing for Chapter 13 bankruptcy, you may also find yourself in a difficult situation if you also have student loan debts. Oftentimes, you will need to time your Chapter 13 filing carefully with help from a bankruptcy attorney.
Chapter 13 and Discharging Your Debt
To understand why you need to carefully time your bankruptcy based on your student loan debts, you'll need to understand how Chapter 13 discharges your debts.