Chapter 13
Chapter 13 bankruptcy is sometimes referred to as “reorganization” or “wage earner’s bankruptcy”. Filing Chapter 13 bankruptcy allows for an adjustment of debts for people with enough disposable income to repay some of their debt. Chapter 13 allows a person to keep property and repay debts over time, typically for a minimum of 3 years and up to 5 years, by making a monthly payment to the court. For example, if you have fallen behind on payments on your home or car, Chapter 13 bankruptcy allows you to catch up on those missed payments over the course of your bankruptcy plan without losing your property. For more information about selecting a Chapter 13 bankruptcy attorney, call us or fill out the contact form to the right to get a Free Chapter 13 consultation. If you’re filing Chapter 13 bankruptcy in Kansas or Missouri allow the Law Offices of Peter A. Jouras, Jr. help you with this important decision.