As was true with Chapter 7, it is impossible to accurately and fully define Chapter 13 in a way that covers your situation.  Only a full meeting with a fully updated worksheet can give you a complete and accurate view of your options.  

A brief summary of a typical Chapter 13 case:  it is a 3 to 5 year restructuring plan that also eliminates debt.  In other words, it doesn't simply consolidate debt, but it also eliminates the bulk of a person's unsecured debt (e.g., credit cards, medical bills).  The majority of Chapter 13 cases are used to:

1. Stop foreclosures and give you up to 5 years to bring the mortgage current.

2. Eliminate certain types of second (junior) mortgage loans, including some equity lines and second mortgages secured by your home or other real estate.

3. Restructure vehicle debt so that you (1) don't have to catch up if you are behind and (2) may be able to reduce your car payment.

4. Restructure certain tax debts so that you can make payment to the IRS or Department of Revenue over a 5 year time period (often without further penalties or interest).

5. Stop domestic cases involving Equitable Distribution matters and potentially discharge (i.e., eliminate) your obligation to go through Equitable Distribution.