A debt reorganization bankruptcy, also known as chapter 13 bankruptcy, allows people in debt to restructure their finances and dedicate their future “disposable income” towards repaying past debts. In bankruptcy payment plans, the debtor(s) has the ability to restructure their debts, prioritize what is important, and make a single monthly payment which then gets divided up to prescribed parties by a bankruptcy trustee.

What Happens If I Cannot Make My Bankruptcy Chapter 13 Payments in MN?
A debt reorganization bankruptcy, also known as chapter 13 bankruptcy, allows people in debt to...