This is NOT true in most cases.  Yes, if you make a lot of money and are able to pay back your debts in full, then you normally will be required to do so over 60 months.  But, the average Chapter 13 bankruptcy in Omaha calls for a repayment plan that pays only a fraction of what is actually owed. Some cases actually provide for a ZERO percent payback to the unsecured creditors. It all comes down to what is fair, reasonable and feasible. Sometimes people need the power of a Chapter 13 bankruptcy to stop something really bad from happening, such as a house foreclosure, wage garnishment or tax levy. Every case is different and each one needs to be considered on its own merits.