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CHAPTER
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RESTRUCTURING &
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CHAPTER
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SMALL BUSINESS
BANKRUPTCY

Chapter 13 – Individual Restructuring

Filing cases under Chapter 13 is often a very viable alternative to Chapter 7 for individuals seeking debt relief.  Chapter 13 is not for everyone. Chapter 13 is commonly referred to as a reorganization chapter, because it requires a debtor to make monthly payments under a debt repayment plan. However, the monthly payments typically involve payments for assets, such as a car or a home that the client wishes to retain. At the same time, the debtor will cancel other unwanted financial obligations. Read More

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