(I DONT SEE ANY WHERE IN THE SITE WRITTER ABOUT IT SO JUST COPYING WHAT IS AVAILABLE MAKE THE ADJUSMENTS IF NEEDED)
What is Chapter 13 Bankruptcy?
Chapter 13 is for individuals with regular income who want to reorganize their financial affairs. The debtor proposes a repayment plan, such as to catch up on the arrears on their home mortgage. Only individuals and sole proprietors are eligible for Chapter 13. Bankruptcy:
Can immediately stop home foreclosure.
Stops creditors from calling and harassing.
Can discharge most if not all of your debt.
Gives you a fresh start.
Can cost less than a loan modification or credit counseling.
Provides a permanent and lasting solution