Illinois Lawyer Referrals and Legal Guidance
Chapter 13
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Chapter 13 is available to individuals, not corporations or partnerships. The individual must have a regular income and unsecured debts of less than $100,000 and secured debts of less than $350,000. The debtor proposes a plan in which he or she pledges part of his or her income and/or property to pay all or a portion of the debts owed.
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