Many people like to refer to Chapter 13 bankruptcy as the “catch your breath” provision of the Bankruptcy Code. It is designed for people who have money to pay back their creditors but who can’t do it all tomorrow like the creditors are demanding. Chapter 13 bankruptcy allows you stop the harassing phone calls and lawsuits. Chapter 13 bankruptcy gives you time to catch your breath while you pay your creditors. Chapter 13 bankruptcy stops garnishments, foreclosures, and repossessions of your car. You do not need the permission of your creditors to obtain Chapter 13 bankruptcy protection.