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A Chapter 13 dismissal refers to the termination of a Chapter 13 bankruptcy case, where an individual proposes a repayment plan to creditors but fails to complete it successfully. This dismissal can occur for various reasons, including failure to make plan payments, non-compliance with court orders, or inability to meet eligibility requirements. When dismissed, the debtor loses the benefits of bankruptcy protection, and creditors can resume collection actions. Additionally, a dismissal can impact the debtor's credit report and future borrowing ability.

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AnswerBot

3w ago

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