The Kentucky Chapter 13 Plan is a form of debt relief offered in the state of Kentucky. It is a voluntary repayment plan that allows individuals to pay off their debts over a period of three to five years. The plan is specifically designed to help individuals who have a regular source of income but are unable to pay their debts in full. Through the Kentucky Chapter 13 Plan, individuals can reorganize their finances and reduce their debts. There are two types of Kentucky Chapter 13 Plan: the standard plan and the modified plan. The standard plan requires individuals to make monthly payments for the duration of the plan. The modified plan allows individuals to modify their payments based on their income and expenses. Both plans require individuals to make payments to a court-appointed trustee, who in turn disburses payments to creditors. The trustee also collects and distributes any taxes or other debts that may be owed. At the end of the plan, any remaining debt is discharged by the court and the individual is no longer obligated to pay it. The Kentucky Chapter 13 Plan is an effective way to reduce debt and get back on track financially.