Who can file a chapter 13 bankruptcy?

Chapter 13 provides debt relief to individuals. The debtor must have a regular source of income and his or her debt must be within limits set by law. The individual is eligible for Chapter 13 bankruptcy relief as long as the individual’s unsecured debts are less than $383,175 and secured debts are less than $1,149,525. For more information, contact the law offices of Ryan E. Simpson.