California Chapter 13 Plan (Effective 5-1-12) is a type of payment plan that helps individuals who are struggling with debt. This plan allows individuals to reorganize their debt and pay it off in a three to five-year period, while still making their regular monthly payments. The plan is administered by a court-appointed trustee, and the debtor must abide by the terms of the plan approved by the court. The California Chapter 13 Plan (Effective 5-1-12) is available in two types: the Standard Plan and the Flexible Plan. The Standard Plan is designed for debtors who need to keep up with their regular mortgage payments and other secured debts. This plan requires completing a repayment plan for the full amount of the debt, plus all applicable interest. The Flexible Plan is designed for debtors who are unable to make full payments and need a payment plan that can adjust over time. This plan allows debtors to pay a percentage of their debt over the course of three to five years. The California Chapter 13 Plan (Effective 5-1-12) allows debtors to keep their assets as long as they make their regular payments. It also gives debtors the chance to reduce or even eliminate some of their existing debt. This plan can be a great option for individuals struggling with debt, as it offers a workable solution to help them get back on track financially.