If you're dealing with an overwhelming amount of debt then call the bankruptcy attorneys at Joseph L. Grima & Associates P.C. A Chapter 13 bankruptcy is usually filed when you have too much income to qualify for Chapter 7. In a Chapter 13 bankruptcy, you give the court additional money you might have every month over the life of a plan that can last from 3 to 5 years, depending on your annual income. In addition, a Chapter 13 bankruptcy can be used to stop a mortgage foreclosure, catch up the aggregate on a mortgage, pay off certain debt to taxing authorities and stop a vehicle repossession. This option allows you to slowly pay off some of your debt while protecting certain assets from liquidation. If you're interested in hearing more about how Chapter 13 bankruptcy can help you, schedule an appointment today with one of our bankruptcy attorneys.