What is a chapter 13 plan?
March 28, 2008
It is a written plan presented to the bankruptcy court by a debtor that states how much money or other property the debtor will pay to the chapter 13 trustee, how long the debtor’s payments to the chapter 13 trustee continue, how much will be paid to each of the debtor’s creditors, which creditors will be paid outside of the and certain other technical matters.
