Chapter 13 Bankruptcy

Chapter 13 Bankruptcy Lawyers San Diego
Chapter 13 – The Payment Plan

In a Chapter 13 proceeding, the court will require you to pay, usually for a period of five years, all of your disposable income to the bankruptcy trustee, who will in turn pay your creditors. The amount of your monthly payment to the trustee will be approximately equal to the amount of the cash you ordinarily have on hand after you pay your basic necessary living expenses. In many cases, you will not have to pay back everything that you owe. For instance, if you have $200,000.00 in unsecured debt, but you only have $500.00 per month of income available to pay the creditors, your unsecured creditors may receive a total of only $30,000.00 over a period of three years (that’s $500.00 multiplied by sixty months).  This is just an example.


We have been helping San Diegans through Bankruptcy since 2008 and we want to help you.  Call our Bankruptcy Office Today:

  • Direct:  (619) 550-2600
  • Toll Free (888) 205-4356 ext. 2
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