Chapter 13 bankruptcy allows individuals, including small business owners, who owe less than $250,000 in unsecured debts and secured debts of less than $750,000 to pay back creditors over a three- to five-year period.

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Chapter 13 bankruptcy allows individuals, including small business owners, to pay back creditors over a three- to five-year period, regardless of the amount of debt they owe.

Chapter 13 Bankruptcy Allows Individuals, Including Small Business Owners, Who