Bankruptcy generally does not allow an individual to keep property where a creditor holds a lien or financial interest, unless the individual has an acceptable plan to catch up on the debt under Chapter 13.

Authors

• Person: Not available Organization: Federal Trade Commission
  How To Get Out of Debt | Consumer Advice

Sources

• How To Get Out of Debt | Consumer Advice consumer.ftc.gov Federal Trade Commission via serper
• How To Get Out of Debt | Consumer Advice consumer.ftc.gov Federal Trade Commission via serper

Referenced by nodes (1)

• bankruptcy concept