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R.I. Bank. Form W.2(Revised 10/18/13)IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF RHODE ISLAND IN RE:CHAPTER 13CASE NO. Debtor(s)[indicate 1st, 2nd, 3rd, etc.] AMENDED CHAPTER 13 PLAN
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How to fill out chapter 13 plan and

01
Review your debts and create a list of all creditors
02
Calculate your monthly income and expenses
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Propose a repayment plan that details how you will prioritize payments to your creditors
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Submit the completed chapter 13 plan to the bankruptcy court for approval
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Make regular payments according to the plan

Who needs chapter 13 plan and?

01
Individuals who have a regular income but are unable to repay their debts
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Individuals who want to keep their assets and properties but need a structured repayment plan

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A Chapter 13 plan is a repayment plan proposed by an individual with regular income to pay off all or part of their debts over a period of three to five years.
Individuals with regular income who wish to reorganize their debts under Chapter 13 of the bankruptcy code are required to file a Chapter 13 plan.
To fill out a Chapter 13 plan, a debtor must provide information about their income, expenses, debts, and propose a feasible repayment schedule based on their financial situation.
The purpose of a Chapter 13 plan is to allow individuals to restructure their debts and catch up on missed payments while keeping their assets, all under court protection from creditors.
A Chapter 13 plan must report the debtor's monthly income, monthly expenses, total debts, and the proposed plan for repayment to creditors.
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