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PROPOSED RULE/CODE CHANGE REQUEST Michigan Department of Licensing and Regulatory Affairs Bureau of Construction Codes/Operations Section Point of Contact: Attn: Daniela Pelachyk Attn: Tony Williamson
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An Appendix CH proposal is a legal document used in bankruptcy cases that allows debtors to propose a plan to manage or repay their debts. It outlines how they intend to reorganize their financial obligations.
Debtors who wish to reorganize their debts under Chapter 13 of the bankruptcy code are required to file an Appendix CH proposal as part of their bankruptcy petition.
To fill out an Appendix CH proposal, debtors must provide detailed information about their income, expenses, debts, and proposed repayment plan. It typically involves forms that need to be completed accurately and filed with the bankruptcy court.
The purpose of an Appendix CH proposal is to provide a structured plan for debt repayment that is acceptable to the bankruptcy court and the creditors, allowing the debtor to manage or eliminate their debt over a specified period.
The Appendix CH proposal must report information regarding the debtor's financial situation including current income, monthly living expenses, a list of all debts, the proposed payment plan, and how debts will be treated under the plan.
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