What is the meaning of Bankruptcy (Chapter 13)?

Subtopics: Chapter 7 

This type of bankruptcy allows an individual to begin debt repayment without forfeiting property. The debtor is required to maintain a source of income and follow a payment schedule set forth by the court.

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APABarry Goldsmith. (2010). bankruptcy (chapter 13). Retrieved September 21, 2026, from http://smartdefine.org/bankruptcy_(chapter_13)/definitions/1148379
ChicagoBarry Goldsmith. 2010. "bankruptcy (chapter 13)" http://smartdefine.org/bankruptcy_(chapter_13)/definitions/1148379 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, bankruptcy (chapter 13), Smart Define, viewed 21 September, 2026, <http://smartdefine.org/bankruptcy_(chapter_13)/definitions/1148379>.
MLABarry Goldsmith. "bankruptcy (chapter 13)" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/bankruptcy_(chapter_13)/definitions/1148379>