Chapter 13

Chapter 13: Repayment of All or Part of the Debts of an Individual with Regular Income

Court fees: $281. Attorney fees: a separate charge that will be found in your fee agreement.

  1. Chapter 13 is designed for individuals with regular income who would like to pay all or part of their debts in installments over a period of time.  Generally speaking, chapter 13 bankruptcy is for individuals or married couples with higher income and/or equity in assets that they wish to protect.
  2. Under chapter 13, you must file with the court a plan to repay your creditors all or part of the money that you owe them, using your future earnings. The period allowed by the court to repay your debts may be three years or five years, depending upon your income and other factors. The court must approve your plan before it can take effect.
  3. After completing the payments under your plan, your debts are generally discharged except for domestic support obligations; most student loans; certain taxes; most criminal fines and restitution obligations; certain debts which are not properly listed in your bankruptcy papers; certain debts for acts that caused death or personal injury; and certain long term secured obligations.

Gary Bollinger and the Bankruptcy Center serves as a Debt Relief Agent: that is, we help people get debt relief under the Bankruptcy Code.