If you prefer to pay back wages to a present or prior employee, you can do so in Chapter 13 especially well if that debt is a priority one.
Do you need a Chapter 13 case? WHEN you file it can mean the difference between a payment plan that takes 3 years and one that takes 5.
Here's a scenario showing how the timing of your Chapter 13 filing can shorten your payment plan from 5 years to only 3.
Do you feel like you should pay on or pay off a certain debt now, even though you're behind on all your debts? It may be dangerous to do so.
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.
The Bankruptcy Code explicitly says that, at the request of the person in a Chapter 13 case, the bankruptcy "court shall dismiss" the case.
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.
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.
If protecting your co-debtor from having to pay your debt is a high priority, Chapter 13 has a remarkable tool for doing that.
The laws about the treatment of different types of creditors can often be used in your favor to pay who you want or need to pay.
If you owe "priority" debts like income taxes and/or support payments, you may be able to pay no more while protecting a transferee.
Overall, Chapter 13 can be more powerful and more flexible than Chapter 7. That often also applies to a fraudulent transfer.
Selling or giving away something innocently, without trying to hurt your creditors, could still give the trustee the right to get it back.
Usually it's not hard to avoid getting into a dispute with your trustee. But you need to know the law and follow it.