I have completed my Chapter 13 bankruptcy payments. Looking at my case online it has a status of COMPLETED-PENDING FRA. What does this mean exactly? I signed the discharge papers at my attorney s office a few weeks ago and they said it d be about 6 weeks before it s officially discharged. I know it takes awhile, but is this the normal process? Ive completed all my payments as scheduled and it also shows as closed but just curious.
If you have racked up hundreds of thousands of dollars in debt, you might think bankruptcy is the answer to get rid of debt. What you will quickly learn is that bankruptcy does not get rid of all the debt you have accumulated. Child support, restitution, and alimony payments are two of the debts that are not discharged by bankruptcy. The type of bankruptcy you select will also determine if you have to pay back some of your creditors.