Colorado Order Confirming Chapter 13 Plan — B 230B is a legal document used in the state of Colorado specifically for confirming a Chapter 13 bankruptcy plan. This form is essential for individuals or entities who have filed for Chapter 13 bankruptcy and are seeking to establish a repayment plan for their debts. The Colorado Order Confirming Chapter 13 Plan — B 230B serves as an official confirmation of the proposed repayment plan, ensuring that it complies with the requirements set forth by the bankruptcy court and is acceptable to all involved parties, including the debtor, creditors, and the court itself. It is a crucial step in the Chapter 13 bankruptcy process as it outlines the terms and conditions of the repayment plan and establishes a roadmap for the debtor's financial rehabilitation. This form typically includes relevant information such as the debtor's name, contact details, bankruptcy case number, and details about the proposed repayment plan. It also outlines the obligations of the debtor and the rights of the creditors, including the amount and timing of the payments, the duration of the plan, and any specific provisions or exemptions applicable to the case. Different types or variations of the Colorado Order Confirming Chapter 13 Plan — B 230B may exist depending on specific circumstances or modifications required in individual bankruptcy cases. However, the core purpose of this form remains the same — to obtain the court's approval for a Chapter 13 repayment plan and ensure the debtor's compliance with the bankruptcy laws of Colorado. In conclusion, the Colorado Order Confirming Chapter 13 Plan — B 230B is a vital legal document used in Chapter 13 bankruptcy cases in Colorado. It formalizes and confirms the proposed repayment plan, protecting the interests of both the debtor and creditors. By adhering to the requirements outlined in this form, individuals or entities can successfully navigate the Chapter 13 bankruptcy process, working towards a fresh start and financial stability.