If you are over median income, need to catch up a home or car payment, or are worried about losing some of your property in a chapter 7 but still are looking to file bankruptcy to get relief from your debts, then you should consider filing a chapter 13 bankruptcy. A chapter thirteen bankruptcy is a 3 or 5 year repayment plan, where if at the end of the term you still haven’t paid off all of your debts, the debts are discharged, meaning you are no longer legally obligated to pay them. There are many factors to consider when filing this type of bankruptcy including the type of property you own and the amount of money you earn annually. If you are considering this type of bankruptcy, please call my office for a free consultation.