Chapter 13 Plan

CHAPTER 13 PLAN. This form is used for bankruptcy filed in the United States Bankruptcy Court for the Eastern District of North Carolina. It includes sections for identifying the debtors, case number, notices to debtors and creditors, and details about the plan's provisions. The plan outlines the debtor's payment structure to the trustee, including monthly payments and total estimated payments. It specifies the treatment of secured claims, priority claims, and unsecured non-priority claims. It also covers executory contracts and unexpired leases, indicating which will be assumed or rejected. The plan addresses miscellaneous provisions such as the vesting of property, rights to object to claims, and rights to avoid liens. Nonstandard provisions can be included as needed. The document emphasizes that it is essential for debtors and creditors to review the plan carefully, as it may affect their rights and obligations. www.FormsWorkflow.com