Chapter 13 bankruptcy, also known as "reorganization bankruptcy," is a type of bankruptcy that involves the creation of a repayment plan to pay off some or all of a debtor's debts over a period of three to five years. Here are some benefits of Chapter 13 bankruptcy:

1. Debt relief: Chapter 13 bankruptcy allows you to pay off your debts over a period of time, rather than all at once. This can provide relief for people who are struggling with overwhelming debt and are unable to pay their bills.

2. Stopping creditor harassment: Once you file for Chapter 13 bankruptcy, an automatic stay goes into effect, which means that your creditors must stop all collection efforts, including phone calls, letters, and lawsuits.

3. Protecting your assets: Chapter 13 bankruptcy allows you to keep your assets, such as your home and car, as long as you are able to make the required payments under the repayment plan.

4. Lowering your monthly payments: Chapter 13 bankruptcy allows you to lower your monthly payments by extending the repayment period and potentially reducing the amount that you owe on your debts.

5. Chapter 13 allows a debtor to get back a repossessed vehicle, or stop a foreclosure. Chapter 13 provides debtors 3 to 5 years to cure the missed payments on such property.