Chapter 13 bankruptcy is a repayment plan that protects you from collection actions during the case. At the end of your Chapter 13, you get a discharge of the unpaid balance of dischargeable debts.
In Chapter 13, you get to force the creditors to accept what is essentially a debt management plan. Your creditors must accept the Plan, stopping the interest on credit card debt. Your creditors don’t get a choice about whether to accept the terms of the Chapter 13 Plan – the court will force them to accept the Plan.
Chapter 13 lets you discharge many types of debts that you cannot wipe out in Chapter 7.
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