Escape Debt Faster With Smart Chapter 13 Solutions

Crafting a Viable Repayment Plan

A successful Chapter 13 plan should be realistic and sustainable. It will include payments to a trustee, who distributes funds to creditors according to the priority of claims. Priority debts, such as taxes and child support, must be paid in full, while secured creditors are paid based on the terms of the plan. Unsecured creditors receive payments based on your disposable income and the length of the plan².