How to Understand the Chapter 13 Plan Payment



A chapter 13 bankruptcy is a plan to re-organize a debtor’s liabilities and get a fresh start unburdened by mounting unsecured debt (credit cards, medical bills, etc.). Such a plan requires payments to a bankruptcy trustee or administer. But how much are those payments?

To a large degree the amount paid into the plan varies from district to district and depends on what is to be accomplished by the plan. Payments can include the mortgage on your house or a car payment.


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