A Texas Chapter 13 Motion to Modify Confirmed Chapter 13 Plan is a legal document used to request changes to an existing Chapter 13 bankruptcy repayment plan. The motion can include changes to the repayment period, the amount of the payments, the debtors’ priorities, and the creditors’ rights. It can also be used to request changes to the amount of secured debt and to modify the debtors’ secured debt. There are two types of Texas Chapter 13 Motion to Modify Confirmed Chapter 13 Plan: 1. Motion to Modify Plan Payments, and 2. Motion to Modify Plan Provisions. A Motion to Modify Plan Payments allows debtors to modify their repayment plan, such as extending the repayment period, reducing payments or increasing payments. A Motion to Modify Plan Provisions allows debtors to modify other aspects of their plan, such as changing the amount of secured debt, modifying the debtors’ priorities, or changing the creditors’ rights. In either case, the motion must be filed with the Bankruptcy Court and the motion must be approved by the court before it can take effect.
A Texas Chapter 13 Motion to Modify Confirmed Chapter 13 Plan is a legal document used to request changes to an existing Chapter 13 bankruptcy repayment plan. The motion can include changes to the repayment period, the amount of the payments, the debtors’ priorities, and the creditors’ rights. It can also be used to request changes to the amount of secured debt and to modify the debtors’ secured debt. There are two types of Texas Chapter 13 Motion to Modify Confirmed Chapter 13 Plan: 1. Motion to Modify Plan Payments, and 2. Motion to Modify Plan Provisions. A Motion to Modify Plan Payments allows debtors to modify their repayment plan, such as extending the repayment period, reducing payments or increasing payments. A Motion to Modify Plan Provisions allows debtors to modify other aspects of their plan, such as changing the amount of secured debt, modifying the debtors’ priorities, or changing the creditors’ rights. In either case, the motion must be filed with the Bankruptcy Court and the motion must be approved by the court before it can take effect.
