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Get the free Chapter 13 Plan and Motions for Valuation and Lien Avoidance

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MSSB113 (12/17)Fill in this information to identify your case: Debtor 1 Full Name (First, Middle, Last)Debtor 2 (Spouse, if filing)Full Name (First, Middle, Last)United States Bankruptcy Court for
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A Chapter 13 plan is a repayment plan that allows individuals with regular income to develop a strategy to repay all or part of their debts over a 3 to 5 year period.
Individuals with a regular income who wish to reorganize their debts and avoid foreclosure or bankruptcy liquidation must file a Chapter 13 plan.
To fill out a Chapter 13 plan, a debtor must provide information regarding their income, expenses, debts, and a proposed repayment schedule, typically using court-approved forms.
The purpose of a Chapter 13 plan is to allow debtors to retain their property while repaying creditors over time, thus enabling financial rehabilitation.
A Chapter 13 plan must report information such as the debtor's income, monthly expenses, details of debts owed, and the proposed payment amounts for creditors.
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