---
title: "Chapter 13 Adjustment"
type: Legal Term
source: https://casebriefly.com/legal-terms/chapter-13-adjustment
---

# Chapter 13 Adjustment

Chapter 13 of the Bankruptcy Code permits individual debtors with regular income to retain their property while repaying creditors through a court-confirmed plan lasting three to five years, as governed by 11 U.S.C. sections 1321-1330. Unlike Chapter 7, Chapter 13 does not require liquidation of assets; instead, the debtor commits future disposable income to fund the repayment plan. The debtor must have unsecured debts below $465,275 and secured debts below $1,395,875 (amounts adjusted periodically). Upon successful completion of all plan payments, the debtor receives a discharge of remaining qualifying debts.

## Related Terms

- chapter-7-liquidation
- discharge
- means-test
- secured-creditor

## Related Cases

- dodge-v-ford-motor-co

## Example

A homeowner facing foreclosure filed for Chapter 13 to cure mortgage arrears over a five-year repayment plan while keeping possession of the family home.

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Source: [Chapter 13 Adjustment — CaseBriefly](https://casebriefly.com/legal-terms/chapter-13-adjustment)