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How long does it take for a Chapter 13 to be confirmed?

Any Chapter 13 debtor who receives an objection to confirmation should first take a deep breath and relax. Then, they should pick up the phone and call their bankruptcy attorney and ask for an explanation of the objections. In the vast majority of cases, the objections can easily be fixed.

What is the order confirming the chapter 13 plan?

An order confirming the chapter 13 plan is a Bankruptcy judges approval of the Debtors proposed chapter 13 repayment plan. For more information, see 11 U.S.C. 1325 . Click here to return to Common Terms and Definitions Frequently Asked Questions.

What happens if Chapter 13 plan is not confirmed?

If the court declines to confirm the plan, the debtor may file a modified plan. 11 U.S.C. 1323. The debtor may also convert the case to a liquidation case under chapter 7.

What happens after chapter 13 is confirmed?

Confirmation Hearing: After a Chapter 13 repayment plan is confirmed by the Court, you and your creditors are bound to the terms of the plan. You will continue making payments pursuant to the Chapter 13 repayment plan for the remainder of your Chapter 13 bankruptcy case (36 to 60 months).

What findings must the court make to confirm a chapter 13 plan?

If the confirmation hearing is held, the Court will consider the views of the Debtor, the Chapter 13 Trustee, plan objectors and/or other parties-in-interest regarding whether any further plan amendments are necessary, and what, if any, further noticing may be required.