What You Need to Know About the Process of Chapter 13 Bankruptcy
The process of Chapter 13 is similar to Chapter 7. However, there are some significant differences in the process. Specifically, Chapter 13 takes longer than Chapter 7, has an additional hearing, and requires payments to the trustee during the process before a discharge can be obtained. To learn more about the benefits of Chapter 13, click here. To learn how to qualify for Chapter 13, click here.
The major steps of a typical Chapter 13 are laid out below. Remember that there are more steps and issues to cover than are listed here. This is just to give you some familiarity with the process.