What type of bankruptcy allows a debtor to keep assets while making payments over time?

Chapter 13 bankruptcy is designed specifically for individuals with a regular income who wish to keep their assets while repaying creditors over time. This type of bankruptcy allows debtors to propose a repayment plan to make installments to creditors over three to five years. As part of this process, the debtor can retain ownership of their property, such as their home or car, as long as they adhere to the repayment plan approved by the bankruptcy court.

This is in contrast to other types of bankruptcy, like Chapter 7, which typically involves the liquidation of non-exempt assets to pay off debts, and Chapter 11, which is often used by businesses to reorganize their debts but may not focus on individual assets in the same way. Chapter 15 deals with cross-border insolvency issues and does not apply to debtors looking to maintain their assets while repaying debts. Thus, Chapter 13 is the correct answer as it aligns with the provisions that allow debtors to keep their assets while making structured payments.