Florida Chapter 13 Plan Individual Adjustment of Debts is a court approved plan that helps individuals who have a regular source of income to pay off their debt over a fixed period of time. This type of debt relief is available for individuals who are unable to pay their creditors in full. It is usually used by individuals who have too much debt to qualify for Chapter 7 bankruptcy and who are not able to make payments on all of their debts. The Florida Chapter 13 Plan Individual Adjustment of Debts allows individuals to create a single monthly payment that is paid to a court-appointed trustee who then distributes the funds to creditors. The plan also allows individuals to catch up on past due payments and to make lower payments to certain creditors. It also allows individuals to keep certain assets, such as their home, that would otherwise be liquidated in a Chapter 7 bankruptcy. There are two types of Florida Chapter 13 Plan Individual Adjustment of Debts: wage earner and self-employed. The wage earner plan is for individuals who have a regular source of income from a job. The self-employed plan is intended for individuals who are self-employed and do not have a regular source of income.