Why Chapter 13?

Why Chapter 13? | The Golden Law Group | Helping Residents & Businesses Get Financial Stability | (813) 413-8700 | | 808 Oakfield Drive, Ste A, Brandon, Florida 33511 | 9040 Town Center Pkwy, Bradenton, Florida 34202 I only recommend Chapter 13 cases in certain circumstances. The first case is where you just earn too much money to file Chapter 7 and you fail the means test. The other reason I would recommend a Chapter 13 is if you owe money to the IRS. Chapter 13's a great way to make payments to the IRS over a 3-5-year period to get that debt paid off. The other big reason for a Chapter 13 is if you're behind on your mortgage and you'd like to keep the home, then you can take up to 5 years to get those mortgage payments caught up through a Chapter 13 plan.