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A Zero Percent Plan Dictates that the Unsecured Creditors Won’t Get Paid at All

March 10, 2017

As far as how often do they get paid, that’s determined by your plan. Like I said, if you have a 0 per cent plan, that means that you’re not paying your unsecured creditors, so they won’t get paid at all. And at the end of the bankruptcy, you’ll get discharged. If you have a 100 per cent plan, then they will get paid their full claim but they’ll get paid over the course of 5 years.