Chapter 13
 

Chapter 13 

The filing fee for chapter 13 is $274. There are requirements that must be met to file a Chapter 13 bankruptcy petition: (a) the individual must have $307,675 or less of unsecured debt (credit card type debt) and $922,975 or less of secured debt (mortgages or car loans), (b) the client must devote all of their “disposable income” to the plan, (c) the plan may range from three (3) to five (5) years and (d) the client’s creditors must get $1 more that they would get in a Chapter 7 filing. The client generally lives on an austerity budget during the Chapter 13 plan period.