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UNITED STATES TRUSTEE GUIDELINES SOUTHERN DISTRICT OF CALIFORNIA RE: CHAPTER 13 BUSINESS CASES U.S. DEPARTMENT OF JUSTICE UNITED STATES TRUSTEES OUT HER DISTRICT OF CALIFORNIA OCTOBER 15, 1999 402
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What is chapter 13 business cases?
Chapter 13 business cases involve a reorganization plan for individuals or small businesses to repay their debts over a period of time.
Who is required to file chapter 13 business cases?
Individuals or small businesses who have a regular income and unsecured debts less than $419,275 and secured debts less than $1,257,850 are required to file chapter 13 business cases.
How to fill out chapter 13 business cases?
To fill out chapter 13 business cases, individuals or small businesses need to provide information about their financial situation, assets, liabilities, income, and expenses.
What is the purpose of chapter 13 business cases?
The purpose of chapter 13 business cases is to provide a structured repayment plan for debtors to pay off their debts while keeping their assets.
What information must be reported on chapter 13 business cases?
Information such as income, expenses, assets, liabilities, creditor information, and the proposed repayment plan must be reported on chapter 13 business cases.
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