Escape Debt Faster With Smart Chapter 13 Solutions

Eligibility and Process

To qualify for Chapter 13, your secured and unsecured debts must fall below certain thresholds, which are periodically adjusted for inflation. As of 2023, the limits are approximately $1,257,850 for secured debt and $419,275 for unsecured debt¹. The process begins by filing a petition with the bankruptcy court, along with a proposed repayment plan. This plan must be approved by the court and is typically based on your income, expenses, and debt obligations.