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	Debt Consolidation Chapter 13 bankruptcy Chapter 11 bankruptcy Chapter 13 bankruptcy How bankruptcy affect student loans Managing your debt Myths and misconceptions about bankruptcy About bankruptcy New bankruptcy laws Types of debt Debt Consumer Debt Loan Shark Loan Default Usury Predatory Lending Abusive or Unfair Lending Practices Statute of Limitations Chapter 13 bankruptcy is a way that you can get your debt off of your back. You can set up new plans to pay off your loans in a manner that suits your needs. Once your plan is over all of the debts left over will be entirely discharged. Chapter 13 bankruptcy is different from Chapter 11 in that you can force this upon your creditors and any interest on credit cards must stop growing. No longer will they be able to charge their regular interest rates on your debt, no matter how much it is. Chapter 13 bankruptcy is more powerful than Chapter 7 in that many more debt will able to be discharged. Another thing that makes Chapter 13 bankruptcy a nice option is that it will give you the time you need to get it together enough to pay the few debts that cannot be discharged. Chapter 13 bankruptcy is good for those whose primary debts are those that will not be discharged if they were to file for Chapter 7 instead. These debts include back child support and alimony among other things.  If you have significant liens, ones that actually exceed the amount of the securing assets. You will also want to choose Chapter 13 bankruptcy if you have not filed taxes for a long time and it is also good for those who may be subject to a substantial abuse objection. And one of the main reasons that people file for Chapter 13 bankruptcy is because their assets far exceed their available exemptions. When you file for Chapter 13 bankruptcy you will not have to pay for the entirety of your debts, the only debts that will most likely have to be made in full are your recent child support payments, alimony and taxes. Not everyone is eligible for Chapter 13 bankruptcy. Only individuals who have regular income and who have liquidated some of their secured and unsecured debts.