Chapter 13 Bankruptcy

A Chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. Chapter 13 permits individuals to keep their property by repaying creditors out of their future income. It is not available to corporations or partnerships. After completion of payments under the plan, Chapter 13 debtors receive a discharge of most debts.

Should I hire a Chapter 13 Bankruptcy Attorney?

If you are a consumer or business facing foreclosure, lawsuits, liens, repossession or wage garnishment, a Chapter 13 bankruptcy lawyer can help you find the best option to help eliminate debt immediately.

Frequently Asked Questions

• I want to know if I qualify for bankruptcy – what are the eligibility requirements?
  Depending on the type of bankruptcy proceedings that you wish to file, there are different eligibility requirements that are set by federal law, and thus apply equally to all states.  For … more
• Can I file for bankruptcy every few years?
  No. Once a discharge is granted, a debtor who filed under Chapter 7 or 11 is prohibited from filing for another 6 years. However, a debtor who filed under Chapter 7 can file a chapter 13 before … more
• What is a Bankruptcy Trustee and who is The United States Trustee?
  In all chapter 7, 12, 13 and in some chapter 11 cases, a case trustee is assigned. In chapter 7 cases they are called Panel Trustees. In chapter 12 and 13 cases they are called Standing Trustees. … more