Chapter 13

Chapter 13 allows the debtor to reorganize debt and slowly pay off the debt over a given period of time, usually between 3-5 years.  Your debt will be consolidated, and you will make one monthly payment to a bankruptcy trustee.  At Mario Gunde Peters & Kelley, we will help you to pay as little as possible. You eliminate your debt and keep your hard-earned assets.  Similar to Chapter 7, a debtor is presented with a fresh start and can begin anew once the debt has been paid off.