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Kentucky chapter 13 form

Kentucky chapter 13 form 2025

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The document is a Chapter 13 bankruptcy petition filed in the U.S. Bankruptcy Court for the Western District of Kentucky. It outlines the debtor's plan to repay creditors over a specified period, detailing monthly payments to the Trustee, treatment of priority and unsecured claims, and provisions for secured claims. The plan includes classifications for unsecured creditors and addresses potential defaults and executory contracts.

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Click ‘Get Form’ to open the Kentucky Chapter 13 form in the editor.
Begin by entering your name and social security number at the top of the form. Ensure accuracy as this information is crucial for identification.
In the section regarding future payments, specify the monthly amount you will pay to the Trustee and the total number of months for your repayment plan.
Detail any priority claims under Section (2). List these claims and ensure they are fully paid as required by law.
For unsecured claims, divide them into Class A and Class B. Clearly state the amounts for each class and how they will be paid.
Complete Section (4) by indicating whether creditors will be paid in full or a percentage on their claims.
If applicable, list any defaults you wish to cure or waive in Section (6).
Finalize by reviewing all entries for accuracy before saving your completed form. Use our platform’s features to sign and distribute your document easily.

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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 paperwork is needed to file Chapter 13?

Whats needed. Employment records; income documentation; property records; lawsuit information; records of property transfers; records of payments to creditors; tax returns (for the last two years).

What is the minimum amount to file chapter 13?

There is no minimum amount of debt you must be in to file for Chapter 13 bankruptcy. However, your combined secured and unsecured debt cannot exceed $2,750,000 on your filing date, per the United States Courts.

Can I file Chapter 13 on my own?

Complying With Local Bankruptcy Requirements Filing Chapter 13 on your own can quickly become a full-time job because you must understand all the obligations required by a Chapter 13 plan. Many trustees maintain a website with the trustees requirements, such as payment procedures.

What is the downside to filing Chapter 13?

Type of FilingFee Due Involuntary Chapter 7 $338 Total Fee ($245 Filing Fee + $78 Admin Fee + $15 Ch7 Surcharge) Chapter 13 $313 Total Fee ($235 Filing Fee + $78 Admin Fee) Chapter 11 (Non RR) $1738 Total Fee ($1167 Filing Fee + $571 Admin Fee) Chapter 11 (RR) $1571 Total Fee ($1000 Filing Fee + $571 Admin Fee)4 more rows

How much will my monthly payment be for chapter 13?

To calculate your monthly payment amount in a Chapter 13 bankruptcy, calculate your income for the six months before your bankruptcy filing. Deduct allowable expenses to determine your disposable income. Pay your priority debtors and any secured debts that you want to keep after the bankruptcy.