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Markarian & Hayes Markarian & Hayes
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What is Chapter 13 bankruptcy?

Chapter 13 is a form of reorganization where debtors repay a portion of their debts over a three to five year period. The key distinction from chapter 7 is that, in exchange for repaying a portion of your debts, you get to keep your assets. A Trustee is appointed to oversee the payment plan and to ensure that all requirements of Chapter 13 are met.

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