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UNITED STATES BANKRUPTCY COURT ___ DISTRICT OF ARKANSAS ___ DIVISIONDebtor(s) ___Case No. ______Arkansas Chapter 13 Plan (Local Form 131) ___Original Plan Amended Platform an amended plan, all applicable
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Local bankruptcy form 3015-16 is a document used in bankruptcy proceedings that outlines the debtor's repayment plan under Chapter 13 of the Bankruptcy Code.
Debtors who are filing for Chapter 13 bankruptcy are required to complete and file local bankruptcy form 3015-16.
To fill out local bankruptcy form 3015-16, debtors must provide detailed information about their income, expenses, and the repayment plan they propose to follow.
The purpose of local bankruptcy form 3015-16 is to propose a structured plan for repayment to creditors while allowing the debtor to manage their financial obligations.
The form requires the reporting of the debtor's income, expenses, the proposed repayment plan terms, and details regarding creditors and their claims.
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