Chapter 13 Plan

IDAHO CHAPTER 13 FORM PLAN. This is the required local bankruptcy plan form used by individual debtors filing Chapter 13 cases in the United States Bankruptcy Court for the District of Idaho. This form sets out how the debtor proposes to repay creditors over a three- to five-year period and must comply with federal bankruptcy law, local bankruptcy rules, and applicable general orders. It covers key plan components including trustee payments, plan length, treatment of secured and unsecured claims, lien avoidance, surrender of collateral, priority claims, attorney’s fees, executory contracts and leases, vesting of estate property, and any nonstandard provisions. Creditors are notified of how their claims will be treated and have an opportunity to object before confirmation. www.FormsWorkflow.com