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My enemy's proposal chapter 13

Ma chapter 13 2025

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The document is a Chapter 13 Plan and Cover Sheet filed with the United States Bankruptcy Court for the District of Massachusetts. It outlines the proposed treatment of creditors' claims by the debtor(s), including secured, priority, administrative, and unsecured claims. The plan specifies payment terms, deadlines for objections, and details regarding liquidation analysis of assets. It also includes instructions for serving copies of the plan to relevant parties and requires declarations from the debtor(s) and their counsel.

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What debts are not dischargeable in Chapter 13?

The most common types of nondischargeable debts are certain types of tax claims, debts not set forth by the debtor on the lists and schedules the debtor must file with the court, debts for spousal or child support or alimony, debts for willful and malicious injuries to person or property, debts to governmental units

Do you repay all debt in Chapter 13?

A chapter 13 bankruptcy is also called a wage earners plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.

Does Chapter 13 wipe out all debt?

Chapter 13 Eligibility Any individual, even if self-employed or operating an unincorporated business, is eligible for chapter 13 relief as long as the individuals combined total secured and unsecured debts are less than $2,750,000 as of the date of filing for bankruptcy relief. 11 U.S.C. 109(e).

What is the average Chapter 13 monthly payment?

A Chapter 13 petition for bankruptcy will likely necessitate a $500 to $600 monthly payment, especially for debtors paying at least one automobile through the payment plan. However, since the bankruptcy court will consider a large number of factors, this estimate could vary greatly.

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