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Bankruptcy Type
Chapter 13

Chapter 13 Bankruptcy- Repayment Plan

Chapter 13 Bankruptcy Law


The top three reason people need a bankruptcy are divorce, loss of job or medical debt.

Chapter 13 bankruptcy is for individuals with regular income who intend to pay back debts on a bankruptcy repayment plan. This is especially important for people who need to catch up with back payments for a house or car, and wish to preserve ownership.


After the repayment period, which could be from 3 to 5 years, many of your debts will be discharged.


Safeguard your financial future and contact Attorney Wagman to understand which debts will be discharged, and which will not, in the case of a Chapter 13 bankruptcy.

Watch our free video webinar to help decide if bankruptcy, or which bankruptcy option, is right for you.

Call us at 860-444-0100

Notice Required by 11 U.S.C. U.S.C. § 342(b) for Individuals Filing for Bankruptcy (Form 2010)


"Because bankruptcy can have serious long-term financial and legal consequences, including loss of your property, you should hire an attorney and carefully consider all of your options before you file. Only an attorney can give you legal advice about what can happen as a result of filing for bankruptcy and what your options are. If you do file for bankruptcy, an attorney can help you fill out the forms properly and protect you, your family, your home, and your possessions.

Although the law allows you to represent yourself in bankruptcy court, you should understand that many people find it difficult to represent themselves successfully. The rules are technical, and a mistake or inaction may harm you. If you file without an attorney, you are still responsible for knowing and following all of the legal requirements.

You should not file for bankruptcy if you are not eligible to file or if you do not intend to file the necessary documents.

Bankruptcy fraud is a serious crime; you could be fined and imprisoned if you commit fraud in your bankruptcy case. Making a false statement, concealing property, or obtaining money or property by fraud in connection with a bankruptcy case can result in fines up to $250,000, or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571."

Member of the National Association of Consumer Bankruptcy Attorneys

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