Every year millions of Americans enter into a variety of debt consolidations. As the popularity of debt consolidation has increased, so has the number of dangerous pitfalls in these debt consolidation programs.  Chapter 13 Bankruptcies are a type of debt consolidation allowing you to reorganize your finances by consolidating your debts into one monthly payment. Chapter 13, however, should not be confused with traditional debt consolidation programs.  Chapter 13 has the power of the Federal Bankruptcy Court behind it, and provides many advantages for people seeking debt relief.

-Brian P. Hayes