Chapter 13

Chapter 13 BankruptcyAlthough not nearly as common as a Chapter 7, Chapter 13 offers an alternative to debtors seeking relief and protection in bankruptcy.  Chapter 13, or the Wage Earners Plan, provides for a payment plan over 3-5 years.  In this podcast, I explore not only what a Chapter 13 entails, but also discuss what a chapter 13 plan is and what is required of one in order for it to be approved.