The Ohio Chapter 13 Plan (Cleveland) is a type of bankruptcy protection that allows individuals to repay their debts over a three to five-year period. It is similar to a Chapter 11 reorganization, but is designed for individuals instead of businesses. The debtor will submit a repayment plan to the court that outlines how their debts will be paid off. The plan must be approved by the court and creditors to be valid. The debtor typically makes one monthly payment to the trustee who distributes the funds according to the approved plan. The Ohio Chapter 13 Plan (Cleveland) provides several benefits to debtors, such as: • Creditors are prevented from taking any collection action against the debtor while the plan is in effect; • The debtor can stop foreclosure proceedings on their home; • The debtor can keep possessions that would normally be taken in a Chapter 7 liquidation; • The debtor can reduce their monthly payments to their creditors; and • The debtor can eliminate some of their unsecured debt. There are two different types of Ohio Chapter 13 Plans (Cleveland): the Traditional Plan and the Modification Plan. The Traditional Plan is designed to pay back the full amount of the debt according to the original repayment agreement. The Modification Plan is designed to modify the original repayment agreement, usually by lowering monthly payments, extending the repayment period, or both.