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___ In re:UNITED STATES BANKRUPTCY COURT DISTRICT OF NORTH DAKOTADebtor 1: ___ Debtor 2: ___ (Spouse, if filing) Debtor(s). In a joint case, Debtor means Debtors in this plan. Part 1. NOTICESCHAPTER

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What is draft ch 13 plan?

A draft Chapter 13 plan is a proposed repayment plan filed by an individual in bankruptcy court that outlines how they intend to repay debts over a period of three to five years.

Who is required to file draft ch 13 plan?

Individuals who wish to reorganize their debts through Chapter 13 bankruptcy are required to file a draft Chapter 13 plan.

How to fill out draft ch 13 plan?

To fill out a draft Chapter 13 plan, a debtor must provide detailed information about their income, expenses, debts, and how they propose to repay creditors over the plan's duration.

What is the purpose of draft ch 13 plan?

The purpose of a draft Chapter 13 plan is to present a structured way for the debtor to repay their debts while allowing them to keep their property and avoid liquidation.

What information must be reported on draft ch 13 plan?

The draft Chapter 13 plan must report the debtor's income, living expenses, total debt, the classification of debts, and the proposed payment amounts to different classes of creditors.

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