Chap 13

Chapater 13 is a reorganization chapter. On a chapter 13 you will make payments to your creditors for 3 or 5 years depending on the court formulas. This will pay back some of the debt to the creditors as opposed to a chapter 7 where it is just all gone and discharged immediately.

the payments are made to the court each month and then the court will distribute the money to the creditors.

Any kind of debt can be put into a bankruptcy with the exception of some IRS debt which has different rules.

If you are considering a chapter 13 bk, you need to call a bk attorney and visit with them under one of their free consultations. They will be able to help you with more specifics,like costs and approximately what your monthly bk payment to the court will be based on your debts and income.

Any unsecured debt can be discharged at a certain percentage. If you have little income and no assets may still have to pay back 50%. Can also help you get current on mortgage if behind.

Not sure what qualifications of a creditors means. But again, any unsecured debt and late mortgage.