Chapter 13 Plan And Motions For Valuation And Lien Avoidance

CHAPTER 13 PLAN AND MOTIONS FOR VALUATION AND LIEN AVOIDANCE. This form is for a case filed in the United States Bankruptcy Court for the Western District of Texas. It outlines the debtor's proposed repayment plan, which includes provisions for reducing secured claims based on collateral value, avoiding certain liens, and specifying the treatment of various creditors' claims. The plan details the debtor’s monthly payments, the total amount to be paid to creditors, and the percentage allocated to unsecured creditors. It also addresses tax refunds, pre-confirmation adequate protection payments to secured creditors, and the treatment of executory contracts and leases. The plan specifies how different classes of claims will be treated, including priority claims (e.g., child support), secured claims (such as mortgage arrears), and unsecured claims. If creditors oppose the plan, they must file an objection by a set deadline. The document is comprehensive and establishes the debtor's obligations and how funds will be distributed throughout the bankruptcy process. www.FormsWorkflow.com