Order Confirming Chapter 13 Plan {NYNB L_3015-1}

ORDER CONFIRMING CHAPTER 13 PLAN. This form is used in the United States Bankruptcy Court for the Northern District of New York. Chapter 13 is a chapter of the United States Bankruptcy Code that allows individuals with regular income to develop a plan to repay all or part of their debts over a period of time. The Chapter 13 plan outlines the debtor's proposed repayment schedule and how they intend to manage their finances while meeting their financial obligations. The purpose of this form is to confirm the Chapter 13 plan filed by the debtor and to establish the terms and conditions of the plan. The form contains various sections that address different aspects of the plan, such as plan payments, length of the plan, order of distribution of payments, treatment of secured claims, fees and priority claims, treatment of nonpriority unsecured claims, executory contracts and unexpired leases, vesting of property of the estate, non-standard plan provisions, and miscellaneous provisions. The court reviews the information provided in the form, including the debtor's compliance with filing requirements, representation of domestic support obligations, notice to creditors, recommendation by the trustee, and compliance with applicable bankruptcy laws. If the court finds that the plan meets the requirements and is feasible, it confirms the plan and sets forth the provisions for payment and distribution of funds to creditors according to the plan. www.FormsWorkflow.com