Chapter 13 Bankruptcy NY | Grady BK, PLLC

Chapter 13 bankruptcy is like a helping hand when you feel buried in debt. People often call it “reorganization bankruptcy” because it lets you re-plan how you pay your bills, like credit card balances, overdue house payments, or owed taxes. Instead of clearing everything instantly, Chapter 13 sets up a payment plan over 3 to 5 years. This can be a lifesaver, especially if you’re worried about losing your home or car.