Difference between revisions of "Chapter 13"

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'''Chapter 13''' of the [[Bankruptcy Code]] provides for adjustment of [[debt]]s of an individual with regular income, often referred to as a "wage-earner" plan. Chapter 13 allows a debtor to keep property and use his or her disposable income to pay debts over time, usually three to five years.
 
'''Chapter 13''' of the [[Bankruptcy Code]] provides for adjustment of [[debt]]s of an individual with regular income, often referred to as a "wage-earner" plan. Chapter 13 allows a debtor to keep property and use his or her disposable income to pay debts over time, usually three to five years.
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==See also==
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*[[Bankruptcy]]
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*[[Consumer bankruptcy]]
  
 
[[Category:Legal Terms]]
 
[[Category:Legal Terms]]
 
[[Category:Bankruptcy Law]]
 
[[Category:Bankruptcy Law]]

Revision as of 18:59, January 22, 2012

Chapter 13 of the Bankruptcy Code provides for adjustment of debts of an individual with regular income, often referred to as a "wage-earner" plan. Chapter 13 allows a debtor to keep property and use his or her disposable income to pay debts over time, usually three to five years.

See also