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It should be noted, however, that any priority debts, such as. Web pros and cons of chapter 13 bankruptcy protection: 26, 2022, at 1:07 p.m. Web in chapter 13 bankruptcy, you can keep your belongings, but the value of nonexempt, luxury assets is used to negotiate a repayment plan with your creditors. Chapter 13 bankruptcy bankruptcy is a legal process.
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