I am in the process of filing Ch. 13 after a failed business.  Currently we are in a successful business, but there is no way we will remain that way if we are continued to be burdened by the enormous pile of debt from our past.  So, we are now faced with what will life be like after we file.  I know for sure that I will need to take a business loan in the next 6 months to a year to pay off an investor loan on my business.  What are the chances of getting a loan?  I will have collateral to back it.  Any advice?

Colleenc90 is definitely on the mark when saying make sure you read and understand the terms of chapter 13 bankruptcy.  I am currently in a chapter 13 bankruptcy and it is not any fun.  If you go with chapter 13 your going to pay every penny back within 3 to 5 years with monthly payments to a trustee and depending on the amount owed will depend on your monthly payments.  For example in my case, I lost my job and had to go with chapter 13 because American Express was trying to sue me even though at the time I was enrolled with a debt consolidation management company to pay off my bills.  The management company said when it comes to law suits I'm on my own so I got nervous and contacted a lawyer.  The lawyer recommended chapter 13 but did not provide complete details on what was involved.  So I went ahead with it without realizing what I was getting into.  I owed $50,000, which I have to pay every cent of that back to include an additional $7,600 in administrative and management fees that were tacked onto it which comes to $57,600.  I pay a trustee $960.00 each month for the next 5 years.  Ouch for me.  If you do not have any lawsuits with creditors pending I would recommend that you use a debt management program and avoid chapter 13 if at all possible.  The severity of the situation boils down to what you owe and what you will need to pay back.  Chapter 13 does protect your assests though, you cannot be contacted and harassed, no one can come and take your property or put a lien on any of your property nor can they garnish your wages or sue you.  So it does provide protection, but ouch, it can be costly.