The US Congress passed a law that established a set of uniform laws to govern how bankruptcy was handled. These laws were placed under a system called the bankruptcy code. In this code there are chapters that pertain to various issues in bankruptcy. One such chapter deals with allowing the debtor to start a new life whilst they pay off their future debts. This bankruptcy chapter 13 is one of the popular bankruptcy laws.
In bankruptcy you generally need to find some way of living while at the same time you pay your creditors what you owe to them. This sounds a civilized way of dealing with this mater but the truth is otherwise.
In most cases creditors will try to force you to pay them the various amounts that you owe. This form of force payment can range from a simple letter to harassment via telephone calls and even visits from your creditors. With bankruptcy chapter 13 you have the best way of stopping this force payment and you are given a way to live again.
With a bankruptcy chapter 13 filing, for the person who has gotten into a debt which seems to be eating up their life