Understanding Chapter 13 Bankruptcy in Louisiana: A Comprehensive Guide

What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy, often referred to as a 'wage earner's plan,' allows individuals with a regular income to create a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years

http://www.louisianabankruptcylaw.com/7v13.html
A Chapter 13 bankruptcy is the only choice if you are behind on your mortgage or business payments and you want to keep your property, either in Louisiana or ...

http://www.louisianabankruptcylaw.com/chapter13.html
Louisiana Chapter 13 Bankruptcy Information. Under a chapter 13 bankruptcy, a debtor proposes a 3-5 year repayment plan to the creditors offering to pay off all ...

https://www.lawb.uscourts.gov/chapter-13-information
All individuals filing for bankruptcy under Chapter 13 must complete an approved credit counseling course within 180 days BEFORE THEY FILE a bankruptcy case.



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