amended Chapter 13 plan Archives

The Chapter 13 trustee is an important player in your "adjustment of debts" case so it helps to know how to deal with him or her.

It's good to know that your Chapter 13 payment plan can be changed during the 3 to 5 years the case lasts to address changing circumstances.

Sometime you and your lawyer don't know everything you need to know to put together a perfect Chapter 13 plan. So then you can modify it.

Before committing to a Chapter 13 "adjustment of debts" it's good to know that its plan can likely be "modified" if your situation changes.

There are various ways of dealing with debts that arise during the course of your Chapter 13 "adjustment of debts" case.

Yes, the "discharge"--write-off--of your debts does not happen until the end of your 3-to-5-year case. Thus there are some resulting risks.

Whether you must pay for 3 years or 5 depends mostly on your income. Exactly how long it last depends on the many moving parts of your case.

It's much safer than under Chapter 7 because the protection lasts for years instead of just a few months, and is more flexible.

It's much safer than under Chapter 7 because the protection lasts for years instead of just a few months, and is more flexible.