Introduction to the Chapter 13 Repayment Plans
Introduction to the Chapter 13 Repayment Plans
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The Chapter 13 Bankruptcy Repayment Plan
Chapter 13 debtors must draft a legally compliant repayment plan that repays creditors some or all of what's owed over three to five years. Learn about the requirements the debtor must meet to receive court approval.
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How to Modify Your Chapter 13 Repayment Plan
In Chapter 13 bankruptcy, you must prepare a proposed repayment plan outlining which creditors you must repay and how much your monthly plan payments will be. Learn when you can modify a plan payment once it is confirmed by the court.
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What to Do if You Can't Keep Up With Your Chapter 13 Repayment Plan
If you don’t make your payments to the Chapter 13 trustee on time, the court could dismiss your bankruptcy case. So what should you do if you cannot make one or more Chapter 13 plan payments?
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Chapter 13 Bankruptcy Laws: Your Disposable Income
In Chapter 13 bankruptcy, you must devote all your disposable income to your Chapter 13 repayment plan. You can get a rough estimate of your plan payments by learning how to calculate it, although other factors also affect a Chapter 13 payment.
Calculating the Plan Payments
Calculating the Plan Payments
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How to Calculate a Chapter 13 Monthly Payment
In Chapter 13 bankruptcy, you'll pay your creditors through a three- to five-year repayment plan—but calculating a plan payment can be complicated. We provide a simple shortcut that gives you a ballpark amount you can expect to pay.
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Chapter 13 Bankruptcy Laws: Your Disposable Income
In Chapter 13 bankruptcy, you must devote all your disposable income to your Chapter 13 repayment plan. You can get a rough estimate of your plan payments by learning how to calculate it, although other factors also affect a Chapter 13 payment.
Debts Paid Through the Plan
Debts Paid Through the Plan
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Can I Choose Which Creditors Get Paid First in My Chapter 13 Plan?
If you file for Chapter 13 bankruptcy, you can't decide which creditors are paid. Instead, bankruptcy law determines the order in which your bankruptcy trustee must pay your debts.
The Marital Adjustment Deduction
The Marital Adjustment Deduction
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The Marital Adjustment Deduction in Chapter 13 Bankruptcy
If you’re married but filing for Chapter 13 bankruptcy without your spouse, the marital adjustment deduction can reduce the amount you pay back to general unsecured creditors.
Q&A Chapter 13 Repayment Plan
Q&A Chapter 13 Repayment Plan
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Can I Get My Chapter 13 Payments Lowered?
Question: I have been in Chapter 13 bankruptcy for over two years. But I recently received a pay cut and can no longer afford my current Chapter 13 plan payment. Is there anything I can do to reduce my monthly payment amount?
