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Can I stop paying my creditors? | Phoenix Debt Discharge Lawyer & Bankruptcy Attorney

Typically, you can stop paying unsecured creditors when you are going to be filing a bankruptcy soon. When specifically to stop making payments will vary from client to client. Be careful to continue making payments on loans that are secured by collateral you wish to keep. If you’ve already fallen far behind on such secured loans, you should contact our office immediately to see if a chapter 13 bankruptcy would solve your problem by enabling you to catch up those payments over time.

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