The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
Income Driven Repayment Plans in Chapter 13
Print This Article
Link to Post:
By Ed Boltz, The Law Offices of John T. Orcutt (Durham, NC)
Income Driven Repayment (IDR) plans for student loans became available to borrowers with the Income Drive Repayment plan in 2009. Subsequent plans, such as Pay As You Earn (PAYE) and Revised Pay As You Earn (REPAYE), were modeled after it in 2014 and 2015. Payments under these plans are based on 10-15% of the borrower’s household discretionary income,1 without regard to assets, and can be as low as $0.00 a month. Depending on the plan, after 20 or . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
Yet Another Reason Why the Means Test is “Broken”
Small Business Chapter 11 Update, Where Are We Eight Months In?
Is Voluntary Dismissal of a Chapter 13 Case an Absolute Right?
Game Stop: Dismissals with Prejudice
Courts Continue to Fill in the Gaps on the Interplay of Bankruptcy and the FDCPA
The Effect of “Success” (Or the Lack of It) on Attorneys’ Fees
One Woman’s Opinion
Evidentiary Issues Arising from Attempts to Prove Alleged “Facts” Stated in The Monster Mash
Negotiating Plan Confirmation with Secured Creditors – Issues Involving Balloon Payments and Other Mortgage Loans Subject to Modification Under § 1322(c) – Part 2 of 3
Consumers Are Consuming Cash at an Unsustainable Rate