Overview

When you file for Chapter 13 bankruptcy, you can wipe out some of your debt and pay off the rest over time with a repayment plan approved by the bankruptcy court. You may be able to:

• avoid foreclosure
  
• stop car repossession
  
• reduce car loan debt
  
• stop most debt collectors, and
  
• remove junior liens from your home
  Here, you'll find clear explanations of the Chapter 13 process and worksheets to help you:
  
  • consider alternatives to bankruptcy
    
  • decide if Chapter 13 is your best option
    
  • determine if you qualify for Chapter 13
    
  • estimate your monthly plan repayment
    
  • find and work effectively with an excellent lawyer, and
    
  • rebuild your credit after bankruptcy
    This revised edition includes all the latest changes in bankruptcy law, including updated 50-state exemption tables, and important U.S. Supreme Court decisions.
    
    If you are considering or have decided to file Chapter 13 bankruptcy, Nolo’s Chapter 13 Bankruptcy is the essential guide you need to understand the procedures and law.
    
    Please note: This book does not cover business bankruptcies, farm reorganizations, or Chapter 7 personal bankruptcy. For Chapter 7 bankruptcy, see Nolo's How to File for Chapter 7 Bankruptcy.