Chapter 13 Qualifications
While most individuals are better off filing a Chapter 7 instead of Chapter 13, there are certain situations where Chapter 13 is better. Such situations include but are not limited to saving a house from foreclosure, removing junior mortgages on a residence, restructuring vehicle loans, restructing payments on nondischargeable debts such as taxes/student loans/support obligations, inability to file for Chapter 7 due to a previous filing with the past 8 years, etc. The qualifications to file for Chapter 13 are generally as follows: You must have regular income. You fulfilled the credit counseling requirement. Your total combined secured and unsecured