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Chapter 13 Plan Template Form

Chapter 13 Plan Template Form

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Instructions and help about Chapter 13 Plan Template

the simple answer is yes the whole point of chapter 13 plans is to have a manageable way to address debts that you're having difficulties dealing with outside of bankruptcy and so um the bankruptcy plan the chapter 13 plan has to satisfy a few requirements and as long as you satisfy these requirements the judge assigned to the case will confirm the plan and the plan is binding on you and on all the creditors one of those requirements and I like to word it like this this isn't maybe in common parlance the way it is but the plan has to be fair fair is usually a very vague term it's well really just the place you get cotton candy but in this context we can make it very precise there are two possibilities either you per pound a 100 plan meaning that over the life of the plan you will pay 100 of what you owe to the creditors but without interest accumulation that's the good news or if you're going to propound a plan that is less than 100 meaning that

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