| Address: | 224 S Michigan Ave #800, Chicago, 60604 |
| Phone: | +1 312-294-5100 |
| Website: | Go to site |
| Work time: | Monday: 8:30 AM-5 PM Tuesday: 8:30 AM-5 PM Wednesday: 8:30 AM-5 PM Thursday: 8:30 AM-5 PM Friday: 8:30 AM-4:30 PM Saturday: Closed Sunday: Closed |
| |
|
Chapter 13 is located at 224 S Michigan Ave #800 Chicago 60604, US Chapter 13 - Bankruptcy Basics United States Courts Background A chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop 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. If the debtor's current monthly income is less than the applicable state median, the plan will This chapter of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years. | |