Personal Bankruptcy Lawyers - Home

Confirmation of Chapter 13 Plans

Personal Bankruptcy Court approval of confirmation of Chapter 13 plans

Bankruptcy Attorneys

Chapter 13 Personal Bankruptcy Plans And The Confirmation Hearing

The standard used for confirmation of a chapter 13 personal bankruptcy plan is provided by 11 U.S.C. 1325. This section states that the court must confirm all personal bankruptcy plans unless specifically disallowed by law. In reviewing compliance with chapter 13 bankruptcy laws, the court requires:

  • All fees paid in full;
  • All trustee payments current;
  • The plan was proposed in good faith;
  • The plan must pay creditors at least the value as would be available if the case had been filed under chapter 7; and
  • The debtor is reasonably capable of making proposed payments through completion.

To overcome creditor objections to confirmation, the debtor must show the court: (A) the value of the property to be distributed under the personal bankruptcy plan is not less than total amounts owed. or (B) the plan provides all of the debtor's projected disposable income to be received in the three-year period beginning on the date that the first payment is due will be applied to payments under the plan.

See also:
Personal Bankruptcy Home Personal Bankruptcy New Bankruptcy Laws Filing Bankruptcy
Chapter 7 Bankruptcy Chapter 13 Bankruptcy Bankruptcy Laws Bankruptcy Questions
Bankruptcy Courts Bankruptcy Alternatives Bankruptcy Forms Bankruptcy Exemptions
Types of Bankruptcy Personal Bankruptcy Tips Credit After Bankruptcy Contact Us

PAID ATTORNEY ADVERTISEMENT: This Web site is a group advertisement. It is not a lawyer referral service or prepaid legal services plan. Personal-bankruptcy-chapters-7-13-filing-laws.com is not a law firm. The sole basis for the inclusion of the participating lawyers or law firms is the payment of a fee for exclusive geographical advertising rights. Personal-bankruptcy-chapters-7-13-filing-laws.com does not endorse or recommend any lawyer or law firm who participates in the network. It does not make any representation and has not made any judgment as to the qualifications, expertise or credentials of any participating lawyer. The information contained herein is not legal advice. Any information you submit to Personal-bankruptcy-chapters-7-13-filing-laws.com may not be protected by attorney-client privilege. All photos are of models and do not depict clients. All case evaluations are performed by participating attorneys. An attorney responsible for the content of this Site is Kevin W. Chern, Esq., licensed in Illinois with offices at 25 East Washington, Suite 510, Chicago, Illinois 60602. To see the attorney in your area who is responsible for this advertisement, please click here.

If you live in Alabama, Florida, Missouri, New York or Wyoming, please click here for additional information.

By an Act of Congress and the President of the United States, we are a federal Debt Relief Agency. Attorneys and/or law firms promoted through this Web site are also federally designated Debt Relief Agencies. They help people file for relief under the U.S. Bankruptcy Code. Disclosures Required Under the U.S. Bankruptcy Code).

©Copyright 1999-2010, all rights reserved, Personal Bankruptcy, Inc.