Chapter 13 bankruptcy is generally used by debtors who want to keep secured assets, such as a home or car, when they have more equity in the secured assets than they can protect with their New York bankruptcy exemptions.

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​Chapter 13 can also be used to deal with past due tax debts when the IRS or NY State Dept. of Taxation will not give you a workable payment plan. We have helped our clients save their homes, save their cards, deal with tax debts, and other debt problems over time. Unlike so called debt-settlement, which creditors do not have to accept, chapter 13 bankruptcy is binding on creditors as long as your chapter 13 plan satisfies the requirements of the Bankruptcy Code and is approved by the Bankruptcy Court.