Who can use Chapter 13? | The Golden Law Group | Helping Residents & Businesses Get Financial Stability | (813) 413-8700 | http://BrandonLawyer.com | 808 Oakfield Drive, Ste A, Brandon, Florida 33511 | 9040 Town Center Pkwy, Bradenton, Florida 34202
Anyone who has ordinary income is eligible to file a chapter 13 case. The most common examples for people that need to file chapter 13 cases are individuals that make too much money to qualify for a chapter 7, or in other words, fail the means test. Those people are required to file a chapter 13 if they want to seek bankruptcy relief. Another good example of folks that should consider filing chapter 13 are individuals that are behind in their mortgage payments and they would like to keep their home. In chapter 13 debtors are allowed to get their mortgage payments caught up by making regular monthly payments for a period of 5 years in order to cure those delinquencies.