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)

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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