Chapter 13
Our software supports chapter 13 filing

Not $400 Not $225

Now Only $

Dear Friend:

You can use our online chapter 13 software to prepare your chapter 13 bankruptcy but before you do so, you need to keep certain things in mind.

If you qualify to file chapter 7, then you should file chapter 7. File chapter 13 only if you are not allowed to file chapter 13. Why? Chapter 13 forces you to repay your creditors and it does not give you much in return. Chapter 13 affects your credit more than chapter 7 because unlike chapter 7 which ends quickly, a chapter 13 case lasts for several years. Typically, you cannot begin to really rebuild your credit until after the bankruptcy case is closed. In a chapter 7, it gets closed in as little as 6 months, but in a chapter 13 case, that could be 3 to 5 years.

File chapter 13 if you do not qualify for chapter 7 or if you are facing foreclosure and need time to get caught up on your back payments.

We will not go into all the inner working of chapter 13 on this web page and so if you need to understand chapter 13 bankruptcy law, read the excellent write-up at Chapter 13 Bankruptcy law and then come back to us to use our software. Alternately, you can get a free consultation with an attorney and then come back to us.

After becoming a customer, you will find extensive information on Chapter 13 bankruptcy law on our paid site.

In any case, here are a few facts about chapter 13:

• Chapter 13 last for 3 or 5 years, depending on the result of applying a government formula to your income.
   
• Chapter 13 paperwork is similar to chapter 7 paperwork.
   
• Chapter 13 requires you to repay some or all of the creditors, a portion or all of the amount you owe them. The amount again depends of your situation as well as on the result of applying the government formula to your income.
   
• If you are facing foreclosure or repossession and are behind on your payments, chapter 13 allows you the time to get caught up on the back payments while you keep up the regular payments.
   
• You can usually file chapter 13 as often as you like. There is no waiting period between filings.
   
• In addition to filing the official bankruptcy forms, you are required to propose to the court a repayment paln.

Our software will generate all of the official federal bankruptcy forms which are:

Voluntary Petition
Summary of Schedules
Schedule A __ Real Property
Schedule B __ Personal Property
Schedule C __ Property Claimed As Exempt
Schedule D __ Creditors Holding Secured Claims
Schedule E __ Creditors Holding Unsecured Priority Claims
Schedule F __ Creditors Holding Unsecured Nonpriority Claims
Schedule G __ Executory Contracts and Unexpired Leases
Schedule H __ Codebtors
Schedule I __ Current Income of Individual Debtor(s)
Schedule J __ Current Expenditures of Individual Debtor(s)
Declaration Concerning Debtor's Schedules 
Chapter 7 Individual Debtor's Statement of Intention
Statement of Financial Affairs
Form B22C
Mailing Matrix
Creditor list formatted for diskette.
Court Fee waiver

Our software will not generate the repayment plan. We provide you blank repayment plan forms that you can fill in and file with the forms generated by our online program.

If you have not yet read our section on chapter 7, please do so since much of it applies to chapter 13 as well. If you need legal advice before ordering, talk to an attorney first.