Florida Debtor(s) Election To Abate Plan Payments Pursuant To Confirmed Plan Terms is a type of legal procedure designed to provide relief to individuals and businesses in Florida who have filed for bankruptcy. It is a mechanism by which debtors can reduce their payments on a previously confirmed plan. There are two types of Florida Debtor(s) Election To Abate Plan Payments Pursuant To Confirmed Plan Terms: (1) Abatement of Payment Amounts and (2) Abatement of Payment Length. The Abatement of Payment Amounts allows the debtor to reduce the payment amount on the previously confirmed plan. This is done by reducing the amount of the payment, the interest rate, or both. The Abatement of Payment Length allows the debtor to extend the length of time for the payment to be paid. This can be done by extending the payment term of the plan or by adding additional payments to the plan. In order to be eligible for a Florida Debtor(s) Election To Abate Plan Payments Pursuant To Confirmed Plan Terms, the debtor must meet certain criteria. The debtor must be in compliance with all payments under the plan, must not be delinquent on any of their other obligations, must not have any judgments or liens against them, and must be able to demonstrate that the abatement is necessary to avoid an undue hardship. Once the debtor has been approved for a Florida Debtor(s) Election To Abate Plan Payments Pursuant To Confirmed Plan Terms, the abatement is put into effect and the debtor's plan is adjusted accordingly. Any changes to the payment amount or payment length must be approved by the court and the debtor must abide by the terms of the abatement.