Chapter 13 bankruptcy can reorganize your debts, and pave the path towards financial freedom!
When you have a steady income and assets you wish to keep, but are struggling under the weight of debt, then this filing type may be right for you. Chapter 13 bankruptcy allows for your debts to be reorganized and reprioritized, giving you a court-approved repayment plan that typically lasts between 3-5 years.
This can provide a structured route towards fiscal relief, without the need for liquidating all of your assets. While this kind of bankruptcy does not typically discharge debts in full, it can be a great way to have the best of both worlds- reduce debt without requiring too much sacrifice.