Chapter 13 bankruptcy doesn’t immediately discharge or cancel all of your debts like a Chapter 7. Instead, Chapter 13 reorganizes your debts so that you can pay some or all of it off over time. These payment plans generally last 3-5 years and require you to have a source of regular income such as wages, social security, disability, family contributions, or retirement. A trustee is appointed by the court to investigate your finances, evaluate the fairness of the repayment plan, and process creditor claims. This is a great tool for someone that’s having difficulty making house and car payments and is at risk of foreclosure, repossession, or both. Once the repayment period has ended, the balance of your unsecured debts will, in most cases, be discharged.