Home
Forms Library
North carolina chapter 13

North carolina chapter 13 2025

north carolina chapter 13 Preview on Page 1

See details

4.3 out of 5

22 votes

This document is a Chapter 13 Plan Summary from the United States Bankruptcy Court for the Western District of North Carolina. It outlines the proposed repayment plan for the debtor(s), including details on payments to creditors, motions for lien avoidance, and the treatment of secured and unsecured claims. The summary emphasizes the importance of filing objections to the plan if any party wishes to contest it, and it provides instructions on how to do so. Additionally, it includes provisions regarding administrative claims, special terms, and the effect of discharge upon completion of the plan.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out North Carolina Chapter 13 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the North Carolina Chapter 13 Plan Summary in the editor.
Begin by entering your name and case number at the top of the form. This information is crucial for identifying your bankruptcy case.
In Section 1, specify the monthly payment amount you propose for general unsecured creditors and the duration of these payments.
Proceed to Section 2, where you will outline disbursements. Fill in details regarding administrative claims, secured claims, and priority claims as applicable.
For any special plan terms, such as separate classifications of unsecured claims or property to be surrendered, ensure you provide accurate claimant names and amounts.
Complete the motions for valuation and lien avoidance sections by detailing creditor information and collateral values as necessary.
Finally, review all entries for accuracy before signing. Use our platform’s features to save or share your completed document easily.

Start using our platform today to streamline your Chapter 13 form completion for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the downside of Chapter 13?

Downsides include a long repayment commitment, higher costs than a Chapter 7 bankruptcy, a negative mark on your credit for years, loss of most credit card access, and limits on filing another bankruptcy soon after. Youll still have to pay non-dischargeable debts like child support, alimony, and most student loans.

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.

How does Chapter 13 work in North Carolina?

Chapter 13 of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.

Does Chapter 13 wipe out all debt?

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.

How does Chapter 13 work in NC?

Below is a comprehensive list things to avoid before bankruptcy and a brief explanation detailing why you wont want to file at the wrong time, use retirement funds unnecessarily, prepare bankruptcy paperwork carelessly or incorrectly, purchase luxury goods and services on credit or take cash advances, sell or transfer