Chapter 13 is one of the options for individuals who want to file for bankruptcy. Under Chapter 13, an individual collects all the information regarding debts, makes a plan of how to repay the debts, and submits the plan to a bankruptcy court.

If the court accepts the plan, the individual typically has three to five years to make repayments on the debts. One advantage of Chapter 13 is that an individual can refile for Chapter 7 bankruptcy if the debts are not repaid.

If you have been struggling with debt problems and are considering filing for bankruptcy, contact the Milwaukee Chapter 13 lawyers of DeLadurantey Law Office, LLC, at 414-377-0518.