New York Chapter 13 Bankruptcy - Adjustment of Debts of an Individual with Regular Annual Income - provides debt relief for individuals (consumers). New York Chapter 13 Bankruptcy differs from Chapter 7 in the respect that it enables the debtor to keep valuable assets, like a house, while making payments to creditors (through the trustee) based on the debtor's anticipated income over the life of the plan, usually three to five years. At a confirmation hearing, the court either approves or disapproves the plan, depending on whether the plan meets the Bankruptcy Code's requirements for confirmation.

Some common New York bankruptcy issues include the following:

• New York Bankruptcy
• New York Chapter 7 Bankruptcy
• New York Chapter 9 Bankruptcy
• New York Chapter 11 Bankruptcy
• New York Chapter 12 Bankruptcy
• New York Chapter 13 Bankruptcy
• New York Foreclosure
• New York Collections
• New York Credit Law

United States Bankruptcy Courts
Federal courts have exclusive jurisdiction over bankruptcy cases. Bankruptcy cases cannot be filed in state court. Each of the 94 federal judicial districts handles bankruptcy matters. More Info...