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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF INDIANACHAPTER 13 PLAN FORM: EDITED FOR CORRECT LOCAL RULES REFERENCES Recently it was discovered that the model plan adopted for use in this District

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How to fill out chapter 13 plan form

01

To fill out the chapter 13 plan form, follow these steps:

02

Start by entering your personal information at the top of the form, including your name, address, and contact details.

03

Provide information about your attorney, if applicable.

04

List all your creditors and their contact information, along with the amount owed to each creditor.

05

Specify the priority of each debt, such as taxes or child support, if applicable.

06

Determine the length of your repayment plan and calculate the monthly payment you can afford.

07

Allocate your monthly payment to different creditors based on their priority and the amount owed.

08

Indicate any special circumstances or modifications you are requesting.

09

Review the completed form for accuracy and make any necessary corrections.

10

Sign and date the form before submitting it to the bankruptcy court.

11

Please note that this is a general overview, and it is advisable to consult with a bankruptcy attorney or legal professional for specific guidance on filling out the chapter 13 plan form.

Who needs chapter 13 plan form?

01

Chapter 13 plan form is needed by individuals who are filing for bankruptcy under Chapter 13 of the United States Bankruptcy Code. This form is used to propose a repayment plan to the bankruptcy court to reorganize and pay off debts over a period of time, typically three to five years. It is required for individuals with a regular income who have the ability to repay a portion of their debts. Chapter 13 is often chosen by individuals who want to protect their assets and catch up on missed mortgage or car loan payments. It is important to consult with a bankruptcy attorney to determine if filing under Chapter 13 is the appropriate option for your specific financial situation.

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What is chapter 13 plan form?

Chapter 13 plan form is a detailed document outlining how a debtor in bankruptcy will repay their creditors over a period of time.

Who is required to file chapter 13 plan form?

Individual debtors who have a regular income and debts below a certain threshold are required to file chapter 13 plan form.

How to fill out chapter 13 plan form?

Chapter 13 plan form must be carefully filled out with accurate information about the debtor's income, expenses, debts, and proposed repayment plan.

What is the purpose of chapter 13 plan form?

The purpose of chapter 13 plan form is to provide a roadmap for how the debtor will repay their debts and seek approval from the bankruptcy court.

What information must be reported on chapter 13 plan form?

Chapter 13 plan form must include details of the debtor's income, expenses, assets, debts, and proposed repayment amounts to creditors.

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