A Chapter 13 Bankruptcy is a reorganization plan where you make a payment each month in order to catch up when you have fallen behind on secured credit (like a mortgage or car loan). In other words, in Chapter 13 bankruptcy, you will need to pay your mortgage, car payment(s), household expenses, and a trustee plan payment each month. For more information, you should call a Chapter 13 bankruptcy lawyer to see if it makes sense and whether you can afford the payments required. Chapter 13 … [Read more...] about What Is the Difference Between Chapter 7 and Chapter 13