Chapter 13 Bankruptcy Florida: Understanding the Process and Implications

What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy, often referred to as a 'wage earner's plan,' allows individuals with regular income to create a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.

Eligibility Requirements

To

https://www.mydaytonaattorney.com/what-is-a-chapter-13-bankruptcy-and-is-it-right-for-me
A Chapter 13 bankruptcy case is also referred to as a wage earner bankruptcy because it allows a debtor to reorganize his or her debts through a bankruptcy ...

https://www.flsb.uscourts.gov/filing-chapter-13-case
Prior to Filing a Bankruptcy Petition - The filing fee for a Chapter 13 petition is $313. - Pay Filing Fee in Installments - Documents Due at Time of Filing of ...

https://www.yourjacksonvilleattorney.com/chapter-13-bankruptcy-timeline-2
A Chapter 13 Florida bankruptcy takes longer to complete than a Chapter 7 petition since payments will have to be made from the petitioner's future income.



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