Do I qualify for chapter 13?
Not everyone will qualify for Chapter 13. To file for relief under this Chapter, you must meet the following requirements:
- Individuals only (no businesses);
- With regular income – can be from wages, alimony, social security, pension, rents, public benefits, disability, unemployment, etc.;
- With secured debts (mortgages, car loans, etc.) that do not exceed $1,149,525, and unsecured debts that do not exceed $383,175; and
- You must be current on your federal income tax filings.