What is CHAPTER 13?

A much-disliked section of US bankruptcy code that specifies a court appointed trustee or receiver collects a debtor’s future earnings that are then paid to unsecured creditors.

More On This Topic
  1. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  2. What happens if I get a raise at work during a bankruptcy?
  3. Will Social Security Disability benefits be considered income in a bankruptcy plan?
  4. How to Keep Your Tax Refund in a Chapter 13 Bankruptcy
  5. Filing a Creditor’s Proof of Claim in Bankruptcy Court
  6. How long do I have to live in my house after filing bankruptcy?
  7. What is a Mortage Cram Down for Rental Properties?
  8. Are the fees I paid my bankruptcy lawyer and trustee tax deductible?
  9. Section 42 Housing
  10. What Does Fed OASDI/EE Mean on a Paycheck?

Related Legal Terms
Secured Transactions, Trust and Will, Payment Systems, Admin Law Keyed to Rogers & Krotoszynski, Nonprofit Corporate Law, Criminal Procedure, Comparative Constitutional Law, Bill Of Rights, Labor Law, Civ Pro II (Glannon)


Link to This Definition
Did you find this definition of CHAPTER 13 helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary