I actually believe that's one of the points of chapter 13 bankruptcy: To stop the accrual of interest on debts when the person can pay the interest for function

I actually believe that's one of the points of chapter 13 bankruptcy: To stop the accrual of interest on debts when the person can pay the interest for functionally forever, but almost never the principal. >How long does a Chapter 13 Bankruptcy take to pay off? >The size of your monthly plan payments is determined by the amount you can afford to pay after paying necessary living expenses (including insurance, mortgage payments, etc.). Typically, the Plan payments last for 36 months, unless additional time is requested, but in no event will they last more than 60 months. Therefore, if your payment analysis shows, for example, that you can afford to pay $200.00 per month (above and beyond your normal living expenses), you would pay that each month to the Chapter 13 Trustee, who would disperse it pro rata among your creditors. At the end of 36 months, you are discharged from all dischargeable unsecured debts, regardless of how much your creditors have received. from: http://www.creditinfocenter.com/bankruptcy/chapter13BK.shtml http://www.creditinfocenter.com/bankruptcy/chapter13BK.shtml