Under what circumstances can debtor in a Ch 13 have a
Posted: Mon Mar 01, 2010 6:39 pm
charset="windows-1251"
Well, if you have debts which must be paid under the plan, i.e. tax debts or
mortgage cure arrearages, then you have to adjust length to permit that full
payment.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Dennis McGoldrick
Sent: Monday, March 01, 2010 6:35 PM
To: cdcbaa@yahoogroups.com
Subject: Re: [cdcbaa] Under what circumstances can debtor in a Ch 13 have a
three year plan?
Peter:
This is the way I explain it, if you have more to add, lets make a
cummulative list.
100 percent plan that takes 12 months is fine.
But when I/J show disposable income and the plan is under 100%, at least 36
months to show best efforts (or above-median income).
When cmi is positive, must be 60 months.
anything else?
dennis
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