Common Reasons For Filing Chapter 13 Bankruptcy

The individual has a sincere desire to repay his or her debt but needs the protection of the bankruptcy court to do so

The individual has disposable income after paying reasonable living expenses

The individual filed for and received a Chapter 7 discharge within the past 8 years

The individual wants to save a house even though he or she is behind on mortgage payments

The individual is behind on a car loan and wants to make up the missed payments over time and reinstate the original agreement

The individual has excessive debts or more than $50,000 worth of equity in his or her home

The individual has assets which do not qualify for protection under a Chapter 7 bankruptcy

The individual needs help repaying debts now, but need to leave open the option of filing for Chapter 7 bankruptcy in the future