What does order confirming Chapter 13 plan mean?

An order confirming the chapter 13 plan is a Bankruptcy judge's approval of the Debtor's proposed chapter 13 repayment plan. For more information, see 11 U.S.C. 1325 .

How many months is a Chapter 13 repayment plan?

Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. If the debtor's current monthly income is less than the applicable state median, the plan will be for three years unless the court approves a longer period "for cause."

US Legal Forms
Indiana Order Confirming Chapter 13 Plan

Indiana Order Confirming Chapter 13 Plan

Name: Indiana Order Confirming Chapter 13 Plan
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.84 (332 reviews)

Category:

Indiana Federal - District Court - Northern District

State:

Indiana

Control #:

IN-B-2300B

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Description

Order Confirming Chapter 13 Plan An Indiana Order Confirming Chapter 13 Plan is a document issued by a court in the state of Indiana that confirms a debtor's proposed repayment plan under Chapter 13 of the Bankruptcy Code. This order outlines the details of the plan, including the amount and frequency of payments, and includes information about the creditors who will be receiving payments from the debtor. It also sets forth any modifications to the terms of the plan that have been agreed upon by the debtor and creditors. There are two types of Indiana Order Confirming Chapter 13 Plan: a standard plan and a modified plan. A standard plan is one that has been approved without any changes to the terms of the plan. A modified plan is one that has been modified by the debtor and creditors, usually to provide further protection for the debtor or to modify the payment terms.

An Indiana Order Confirming Chapter 13 Plan is a document issued by a court in the state of Indiana that confirms a debtor's proposed repayment plan under Chapter 13 of the Bankruptcy Code. This order outlines the details of the plan, including the amount and frequency of payments, and includes information about the creditors who will be receiving payments from the debtor. It also sets forth any modifications to the terms of the plan that have been agreed upon by the debtor and creditors. There are two types of Indiana Order Confirming Chapter 13 Plan: a standard plan and a modified plan. A standard plan is one that has been approved without any changes to the terms of the plan. A modified plan is one that has been modified by the debtor and creditors, usually to provide further protection for the debtor or to modify the payment terms.

View Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children

View this form

View Last Will and Testament for Widow or Widower with Minor Children

View this form

View Last Will and Testament for a Widow or Widower with Adult Children

View this form

View Last Will for a Widow or Widower with no Children

View this form

View Last Will and Testament for a Widow or Widower with Adult and Minor Children

View this form

How to fill out Indiana Order Confirming Chapter 13 Plan?

If you’re searching for a way to appropriately prepare the Indiana Order Confirming Chapter 13 Plan without hiring a lawyer, then you’re just in the right spot. US Legal Forms has proven itself as the most extensive and reliable library of official templates for every individual and business scenario. Every piece of paperwork you find on our online service is created in accordance with nationwide and state laws, so you can be sure that your documents are in order.

Follow these straightforward instructions on how to obtain the ready-to-use Indiana Order Confirming Chapter 13 Plan:

Ensure the document you see on the page complies with your legal situation and state laws by examining its text description or looking through the Preview mode.
Type in the document title in the Search tab on the top of the page and choose your state from the dropdown to find another template in case of any inconsistencies.
Repeat with the content check and click Buy now when you are confident with the paperwork compliance with all the requirements.
Log in to your account and click Download. Register for the service and opt for the subscription plan if you still don’t have one.
Use your credit card or the PayPal option to pay for your US Legal Forms subscription. The blank will be available to download right after.
Choose in what format you want to get your Indiana Order Confirming Chapter 13 Plan and download it by clicking the appropriate button.
Add your template to an online editor to complete and sign it quickly or print it out to prepare your hard copy manually.

Another great advantage of US Legal Forms is that you never lose the paperwork you purchased - you can pick any of your downloaded blanks in the My Forms tab of your profile any time you need it.

Form Rating

4.84

Satisfied(332)

Form popularity

FAQ

An order confirming the chapter 13 plan is a Bankruptcy judge's approval of the Debtor's proposed chapter 13 repayment plan. For more information, see 11 U.S.C. §1325 .

An objection to confirmation is a response filed in a chapter 13 bankruptcy to an original or amended plan that is filed in the case. When you file a chapter 13 bankruptcy you fill out a petition, schedules and a number of related documents. These are really disclosure documents.

This is an Official Bankruptcy Form. Official Bankruptcy Forms are approved by the Judicial Conference and must be used under Bankruptcy Rule 9009.

A Chapter 13 confirmation hearing is a court proceeding at which a bankruptcy judge decides whether someone has sufficient income to qualify for Chapter 13 bankruptcy. At the confirmation hearing, the judge reviews the filer's proposed plan to repay creditors.

Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. If the debtor's current monthly income is less than the applicable state median, the plan will be for three years unless the court approves a longer period "for cause."

If the Court does not confirm the Chapter 13 plan you have proposed, it will usually give the reasons for such disapproval so that the plan may be appropriately modified, converted to a Chapter 7 or dismissed. Once a case is dismissed, your creditors may again pursue the payoff of your debts.

More info

An order confirming the chapter 13 plan is a Bankruptcy judge's approval of the Debtor's proposed chapter 13 repayment plan. Order Confirming Chapter 13 Plan.Download Form (pdf, 34. A Chapter 13 confirmation hearing is a court proceeding where a bankruptcy judge determines whether the proposed repayment plan meets bankruptcy requirements. A Chapter 13 confirmation hearing determines whether the bankruptcy judge approves your Chapter 13 Plan. In this hearing, the judge will see if the repayment plan is in accordance with the rules in the Bankruptcy Code and if it is feasible. FI completes the initial case review in Chapter 13 cases and ensures that any required proofs of claim are completed and acknowledged. If finalized and confirmed, the plan will discharge the debtor's many debts. Courts disagree on the precise meaning of "completion of payments" under the Bankruptcy Code. Confirmation of a Chapter 13 bankruptcy plan is a big relief for most debtors in a Las Vegas bankruptcy.

Indiana Order Confirming Chapter 13 Plan

Description

Related forms

How to fill out Indiana Order Confirming Chapter 13 Plan?

Show more info

Form Rating

Form popularity

FAQ

What does order confirming Chapter 13 plan mean?

What is an objection to confirmation of plan?

What is a Notice of Order confirming plan?

What does it mean when a Chapter 13 plan is confirmed?

How many months is a Chapter 13 repayment plan?

What happens if Chapter 13 plan is not confirmed?

More info

Trusted and secure by over 3 million people of the world’s leading companies