Chapter 13 bankruptcy

GPTKB entity

Statements (52)
Predicate Object
gptkbp:instance_of gptkb:Crisis_intervention
gptkbp:affects gptkb:scoring_system
gptkbp:allows restructuring of debt
gptkbp:approves the bankruptcy court
gptkbp:can_help_restore creditworthiness over time
gptkbp:can_include priority debts
secured debts
gptkbp:can_involve court hearings
a trustee
gptkbp:can_last_up_to five years
gptkbp:can_lead_to discharge of debts
gptkbp:can_provide personal loans
medical bills
financial relief
credit card debt
tax debts
student loans under certain conditions
gptkbp:can_stop collection actions
gptkbp:can_transform_into gptkb:Chapter_7_bankruptcy
gptkbp:discharge certain unsecured debts
gptkbp:governed_by gptkb:Title_11_of_the_United_States_Code
https://www.w3.org/2000/01/rdf-schema#label Chapter 13 bankruptcy
gptkbp:initiated_by filing a petition
gptkbp:involves a repayment plan
gptkbp:is_a_form_of debt relief
gptkbp:is_a_legal_option_for debt management.
gptkbp:is_a_legal_process_that resolves debt issues
gptkbp:is_a_process_that_can reduce financial stress
gptkbp:is_a_solution_for overwhelming debt
gptkbp:is_applied_in gptkb:United_States_federal_law
gptkbp:is_available_in gptkb:the_United_States
gptkb:individuals
businesses
gptkbp:is_designed_for debtors with regular income
gptkbp:is_different_from gptkb:Chapter_7_bankruptcy
gptkbp:is_filed_by_submitting a petition
gptkbp:is_often_seen_in a second chance for debtors
gptkbp:is_often_used_in homeowners
catch up on mortgage payments
debtors wanting to keep assets
gptkbp:is_protected_by foreclosure
gptkbp:is_subject_to eligibility requirements
gptkbp:known_as wage earner's plan
gptkbp:prevention repossession of vehicles
gptkbp:requires credit counseling
a regular income
gptkbp:requires_a_detailed financial disclosure
gptkbp:requires_a_plan_to_be_submitted_within 14 days
gptkbp:requires_a_repayment_plan_to_be approved by creditors
gptkbp:type_of reorganization bankruptcy
gptkbp:bfsParent gptkb:Crisis_intervention
gptkbp:bfsLayer 4