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Can a bankruptcy filed in Washington lower my monthly payments on secured debt?

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Can a bankruptcy filed in Washington lower my monthly payments on secured debt?

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A Chapter 7 bankruptcy is usually only appropriate to eliminate unsecured debt. You will probably need to file a Chapter 13 bankruptcy if you need to adjust your secured debt or catch up on missed payments. In certain limited circumstances you can actually reduce the balance on a secured loan or reduce the interest rate.

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