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When Chapter 13 Plan Hits Trouble (Published at ConsiderChapter13.org on 12/20/10. First published by the Bankruptcy Law Network on 12/11/10)
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By Cathy Moran
Have the wheels come off your Chapter 13 plan?
All is not necessarily lost if you find you can’t make the monthly payment in a confirmed Chapter 13 case. There are several options to letting the case get dismissed for non-payment.
Plan modification
The Bankruptcy Code allows a debtor to modify the terms of a plan or even to apply for a discharge without completing the promised payments.
One of the strengths of Chapter 13 is its flexibility. While requiring the debtor to make payments from . . .
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