Fort Worth, TX asked in Bankruptcy for Texas

Q: If I file c chapter 13 I know my student loans are not forgiven or discharged will they interest still accumulate during

My student loans were added onto my bankruptcy but I know they're not dischargeable just want to know if my interest is still going to accumulate during the five years of bankruptcy Chapter 13

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2 Lawyer Answers
Stuart Nachbar
Stuart Nachbar
PREMIUM
Answered
  • Bankruptcy Lawyer
  • Livingston, NJ

A: Yes, they continue to accumulate interest and late fees so build into your budget a payment to avoid late fees and interest accumulating

David Earl Phillips agrees with this answer

Mr. J. Thomas Black
Mr. J. Thomas Black
Answered
  • Bankruptcy Lawyer
  • Houston, TX
  • Licensed in Texas

A: Yes interest accumulates during chapter 13 cases on nondischargeable debts such as student loans.

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