Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - THE EFFECTS OF CHAPTER 13 BANKRUPTCY? - in a liitle over 10k cc debt. say for instance you have 10 cards,,, all of them have zero balances. but you have one card thats giving you are having problems meeting the monthly payment.. you choose to go throught chapter 13 bankruptcy, or the wage earners br as they call it.