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Chapter 13 Plan Alabama  Form

Chapter 13 Plan Alabama Form

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Instructions and help about Chapter 13 Plan Alabama

hi i'm jeff wagner president of wm law kansas city's premier bankruptcy law firm one form of bankruptcy is a chapter 13 bankruptcy this type of bankruptcy case includes a voluntary repayment plan designed to repay some or sometimes all of your creditors in order to retain property and eliminate debt the plan is reviewed and monitored by a court appointed chapter 13 trustee the trustee is responsible for accepting your plan payments and distributing those funds to your creditors ing to your directions contained in your chapter 13 plan you as the debtor are responsible for making those payments each month so the plan can work the planned payment is determined based on several factors the plan payment must be able to pay your secured creditors for mortgage payments car loans or other secured debts this allows you to keep your home and vehicles most tax debts also must be paid in a chapter 13 plan child support arrearages must be paid through your chapter 13 plan unless the

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