If you are facing foreclosure on your home or repossession on your vehicle, then Chapter 13 may be the solution you need to restructure your debt, and put you on the path to financial recovery. Chapter 13 allows individuals to reorganize their debts, and repay them over a 3 to 5 year payment plan. It still allows Debtors to discharge most, if not all, of their unsecured debt. But if you are behind on a house or car, those back payments can be paid over time in Chapter 13. If your lender is not willing to modify your mortgage payment then a Chapter 13 may allow you to obtain court approval to modify the loan through a Chapter 13 plan. For higher-income debtors who do not qualify for Chapter 7, a Chapter 13 may be your only feasible option. You will only be forced to pay what you can afford according to your monthly budget. The remainder of unsecured debt that does not get paid through the Chapter 13 Plan gets discharged at the end of the case. This means there is still a significant benefit to seeking this type of bankruptcy protection.