What is a chapter 13 plan?
It is a written plan presented to the bankruptcy court by a debtor that states how much money or other property the debtor will pay to the chapter 13 trustee, how long the debtor’s payments to the chapter 13 trustee continue, how much will be paid to each of the...May a person whose debts are being administered by a financial counselor file under chapter 13?
Yes. A financial counselor has no legal right to prevent a person from filing any type of bankruptcy case, including a chapter 13 case.What types of debts are dischargeable under chapter 13?
A full chapter 13 discharge must be granted upon the completion of all payments required in the plan discharges a debtor from all debts except: debts that were paid outside of the plan and not covered in the plan, debts for alimony, maintenance, or support debts for...How does filing under chapter 13 affect collection proceedings and foreclosures previously filed against the debtor?
The filing of a chapter 13 case automatically stays (stops) an lawsuits, attachments, garnishments, foreclosures, and other actions by creditors against the debtor or the debtor’s property. A few days after the case is filed, the court will mail a notice to all...
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