This is a Chapter 13 Plan. It outlines how the Debtor intends to pay back portions of his/her debt and must be sent to all named Creditors.
Indiana Chapter 13 Plan
Category:
State:
Indiana
Control #:
IN-BKR-800N
Format:
Word;
PDF;
Rich Text
Instant download
This website is not affiliated with any governmental entity
Public form
Description
How to fill out Indiana Chapter 13 Plan?
Searching for Indiana Chapter 13 Plan forms and filling out them can be a problem. To save time, costs and energy, use US Legal Forms and choose the right template specifically for your state within a few clicks. Our attorneys draw up every document, so you simply need to fill them out. It really is that simple.
Log in to your account and come back to the form's page and save the document. Your saved templates are stored in My Forms and therefore are available at all times for further use later. If you haven’t subscribed yet, you should sign up.
Check out our detailed instructions regarding how to get your Indiana Chapter 13 Plan template in a couple of minutes:
- To get an entitled form, check its applicability for your state.
- Have a look at the example using the Preview function (if it’s offered).
- If there's a description, read through it to learn the details.
- Click Buy Now if you identified what you're trying to find.
- Pick your plan on the pricing page and make your account.
- Pick how you want to pay out with a credit card or by PayPal.
- Save the sample in the favored format.
Now you can print the Indiana Chapter 13 Plan form or fill it out using any online editor. No need to worry about making typos because your form can be applied and sent, and printed out as many times as you want. Try out US Legal Forms and get access to above 85,000 state-specific legal and tax documents.
Form popularity
FAQ
The difference between your income on Schedule I and your expenses on Schedule J will be your Chapter 13 plan payment. Your unsecured creditors will receive a percentage of the disposable income that remains after secured and priority creditors receive payment.
Before the court confirms (approves) your Chapter 13 repayment plan, you must show that it represents your "best efforts" to pay back creditors. It's also called the disposable income test because you must pay all of your disposable income at a minimum.
Debts dischargeable in a chapter 13, but not in chapter 7, include debts for willful and malicious injury to property (as opposed to a person), debts incurred to pay nondischargeable tax obligations, and debts arising from property settlements in divorce or separation proceedings.
In Chapter 13 bankruptcy, you pay your unsecured creditors an amount between 0 and 100% of what you owe them. The exact amount is depends on these rules: (1) The minimum amount you must pay is equal to the amount your unsecured creditors would have received had you filed for Chapter 7 bankruptcy.
The Overall Chapter 13 Average Payment. The average payment for a Chapter 13 case overall is probably about $500 to $600 per month. This information, however, may not be very helpful for your particular situation.