法律英语单词“Chapter 13 bankruptcy ”的读音、释义及例句-英汉汉英法律词典-国际律师联盟

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词汇	Chapter 13 bankruptcy
释义	`1`Chapter 13 bankruptcy `2` "Nolo Everybody's Legal Dictionary": The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased. See Topic: Debt & Bankruptcy
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