Oregon Chapter 13 Plan

State:
Oregon
Control #:
OR-BKR-800
Format:
Word; 
PDF; 
Rich Text
Instant download
This website is not affiliated with any governmental entity
Public form

Description

The chapter 13 plan lists in detail the payments to be made by the debtor to

How to fill out Oregon Chapter 13 Plan?

In terms of filling out Oregon Chapter 13 Plan, you most likely think about an extensive procedure that requires choosing a perfect sample among numerous very similar ones after which needing to pay a lawyer to fill it out for you. Generally speaking, that’s a sluggish and expensive option. Use US Legal Forms and choose the state-specific document within just clicks.

If you have a subscription, just log in and click on Download button to get the Oregon Chapter 13 Plan form.

In the event you don’t have an account yet but need one, stick to the point-by-point guideline listed below:

  1. Make sure the document you’re saving applies in your state (or the state it’s required in).
  2. Do this by reading through the form’s description and by clicking the Preview function (if accessible) to find out the form’s information.
  3. Click Buy Now.
  4. Pick the proper plan for your financial budget.
  5. Subscribe to an account and select how you would like to pay out: by PayPal or by credit card.
  6. Save the document in .pdf or .docx file format.
  7. Find the document on your device or in your My Forms folder.

Professional attorneys work on creating our samples to ensure after downloading, you don't have to worry about editing content material outside of your personal information or your business’s information. Join US Legal Forms and receive your Oregon Chapter 13 Plan sample now.

Form popularity

FAQ

You must have regular income. Your unsecured debt cannot exceed $394,725, and your secured debt cannot exceed $1,184,200. You must be current on tax filings. You cannot have filed for Chapter 13 bankruptcy in the past two years or Chapter 7 bankruptcy in the past four years.

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.

Chapter 13 typically lasts for 3 to 5 years and involves a repayment plan, where you pay some or all of the money owed to your creditors over the length of the plan. Written by Attorney Eva Bacevice. A Chapter 13 bankruptcy case will typically take between three and five years to complete.

You take and complete a credit counseling course. You'll prepare the bankruptcy petition and the proposed Chapter 13 plan. You file your bankruptcy petition, proposed plan, and other required documents. The court appoints a bankruptcy trustee to administer your case. The automatic stay takes effect.

Debts You Must Pay in Full Through Your Plan. Add up the following debts and divide by the number of months your plan will last. Secured Debt Payments on Property You Want to Keep. Unsecured Debts. Length of Your Repayment Plan.

Chapter 13 allows you to keep all of your assets, even if you have $1 million in cash in the bank. In return, the court asks you to pay at least some of your debt back over the next three or five years.

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.

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.

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

Oregon Chapter 13 Plan