Difference Between Chapter 7 & Chapter 13 Bankruptcy

Chapter 7

Chapter 13

Wage Garnishment


Creditor Harassment

Small Business Bankruptcy


Pay Off Your Debts with Affordable Monthly Payments

Chapter 13 Bankruptcy is set up to help individuals who earn a significant income to develop a plan to repay their debts. This may also apply to you if didn’t qualify for Chapter 7 or want to retain your assets. The Southard Law Firm, L.L.C. offers personalized legal representation for clients who are facing financial problems. Our Chapter 13 bankruptcy lawyer in Cincinnati can explain the process and evaluate your finances to help you make the best decision for you and your family.

Call to find out if Chapter 13 is right for you.


Benefits of Chapter 13 Bankruptcy

The stress of struggling to keep up with monthly payments and being harassed by creditors is overwhelming and can leave you feeling stuck. Chapter 13 bankruptcy offers several advantages – it can put an end to creditor harassment, give you the opportunity to catch up on your bills, and eliminate a portion of your debt.

Chapter 13 can also help you:

  • Eliminate unsecured debts, such as credit card bills and unsecured loans
  • Remove second mortgages or pay back a low percentage of the loan
  • Catch up on back mortgage payments
  • Catch up on past-due car payments
  • Avoid foreclosure
  • Prevent vehicle repossession
  • Keep your assets

Eligibility for Chapter 13 Bankruptcy

Chapter 13 bankruptcy is available to individuals only, not businesses. There are limits to the amount of unsecured debt you can have when filing for Chapter 13 bankruptcy. In addition, you must have:

  • Enough income to meet your basic living expenses,
  • Some disposable income to put toward your repayment plan, and
  • Up-to-date on tax filing

Our bankruptcy attorneys at The Southard Law Firm, L.L.C. can help you determine if you qualify to file for chapter 13 bankruptcy. Contact our experience team to learn more about the process.

The Repayment Plan

The repayment plan is designed to pay a percentage of your debt. Your monthly payment is based on what you can afford to pay each month. Payment plans typically last anywhere from three to five years. As long as you make your payments on time and fulfill the obligations of your repayment plan, your remaining debts will be discharged once all plan payments have been made.

Please contact us at to discuss your situation and determine if Chapter 13 is the right decision for your family.


Personal Attention

We will work to help you move confidently through the legal process and court system, while keeping your goals in mind at all times.


Providing legal counsel and services to people and businesses in Cincinnati and surrounding Ohio counties. Call Attorney Southard to schedule an appointment today.