The repayment plan is at the core of a Chapter 13 bankruptcy. The repayment plan will provide details of how much payments the debtor will be making at regular intervals to the trustee and how much each creditor will receive. The trustee will collect the payments from the debtor and distribute it amongst the creditors. Click on the links to know more about Chapter 13 and the repayment plan.
- The Repayment Plan and Confirmation Hearing : An overview of Chapter 13 repayment plans, including how they’re formulated, the approval process, and how “secured” and “unsecured” creditors are typically treated under the plans.
- Debtors’ Obligations under Chapter 13 : Learn about what debtors must do to successfully file, including how to complete the necessary forms, filing fees, and repayment plan.
- Debts After a Discharge : Learn about the types of debts that are not discharged, including alimony, child support, and student loan debts.
- Checklist for Chapter 13 Filers : This article offers brief descriptions of crucial steps in the bankruptcy, including the filing, meeting with creditors, and more.
- Chapter 13 Bankruptcy Rules FAQ : Find answers to your questions about Chapter 13 eligibility, the automatic stay, repayment plans, the effect on student loan debt, and more.
- Chapter 13: How it Works : Learn about what steps to take and when to take them, including filing the bankruptcy petition, paying administrative fees, meeting with creditors, and attending a repayment plan hearing.