Chapter 13 Plan | Pdf Fpdf Doc Docx | Georgia

Chapter 13 Plan

Georgia/Federal/Bankruptcy Court/Middle District/
Chapter 13 Plan | Pdf Fpdf Doc Docx | Georgia

Chapter 13 Plan Form

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This is a Georgia form that can be used for Middle District within Federal, Bankruptcy Court.

Last updated: 5/17/2016
UNITED STATES BANKRUPTCY COURT FOR THE MIDDLE DISTRICT OF GEORGIA DEBTOR * * Chapter 13 Case No. CHAPTER 13 PLAN 1. The future earnings of the debtor(s) are submitted to the supervision and control of the trustee and the debtor(s) (or the debtor's(s') employer) shall pay to the trustee the sum of $______ weekly/biweekly/semi-monthly/monthly. (If the payments change over time include the following.) These plan payments change to $______ weekly/bi-weekly/semi-monthly/monthly on _________, 20__. 2. From the payments so received, the trustee shall make disbursements as follows: (a) The trustee percentage fee as set by the United States Trustee. (b) The monthly payments will be made on the following long-term debts: (Payments which become due after the filing of the petition but before the month of the first payment designated here will be added to the pre-petition arrearage claim.) NAME OF CREDITOR MONTH OF FIRST PAYMENT UNDER PLAN MONTHLY PAYMENT AMOUNT (c) Preconfirmation adequate protection payments will be made to the following secured creditors and holders of executory contracts after the filing of a proof of claim by the creditor. These payments will be applied to reduce the principal of the claim. NAME OF CREDITOR ADEQUATE PROTECTION AMOUNT (d) The following claims are not subject to cram down because debts are secured by a purchase money security interest in a vehicle for which the debt was incurred within 910 days of filing the bankruptcy petition, or, if the collateral for the debt is any other thing of value, the debt was incurred within 1 year of filing. See §1325(a) NAME OF CREDITOR AMOUNT DUE INTEREST RATE COLLATERAL MONTHLY PAYMENT American LegalNet, Inc. www.FormsWorkFlow.com (e) After confirmation of the plan, the secured creditors with allowed claims will be paid as follows: NAME OF CREDITOR AMOUNT DUE VALUE INTEREST RATE COLLATERAL MONTHLY PAYMENT AMOUNT (f) *Attorney fees ordered pursuant to 11 U.S.C. §507(a)(2) of $_____________ to be paid as follows: MONTHLY PAYMENT AMOUNT Pursuant to the Current Administrative Order on Attorney Fee Awards (g) After the above are paid, distributions will be made to cure arrearages and other secured debts whose claims are duly proven and allowed as follows NAME OF CREDITOR ESTIMATED AMOUNT DUE VALUE INTEREST RATE COLLATERAL (h) The following collateral is surrendered to the creditor: NAME OF CREDITOR DESCRIPTION OF COLLATERAL NAME OF CREDITOR DESCRIPTION OF COLLATERAL American LegalNet, Inc. www.FormsWorkFlow.com (i) The following domestic support obligations will be paid over the life of the plan as follows: (These payments will be made simultaneously with payment of the secured debt to the extent funds are available and will include interest at the rate of ___%. (If this is left blank, no interest will be paid.) NAME OF CREDITOR PAYMENT AMOUNT (j) The following unsecured claims are classified to be paid at 100%. These payments will/will not be made simultaneously with payment of the secured debt: (k) All other 11 U.S.C. §507 priority claims, unless already listed under 2(g), will be paid in full over the life of the plan as funds become available in the order specified by law. (l) The debtor(s) will be the disbursing agent on the following debts: (m) Special provisions: (n) Debtor(s) will make payments that will meet all of the following parameters (these are not cumulative, debtors will pay the highest of the three) (i) Debtor will pay all of his disposable income as shown on Form 122C of $_________to the non priority unsecured creditors in order to be eligible for a discharge. (ii) If the debtor filed a Chapter 7 case, the priority and other unsecured creditors would receive $_________. Debtor will pay this amount to the priority and other unsecured creditors in order to be eligible for discharge in this case. (iii) The debtor will pay $________ to the general unsecured creditors to be distributed prorata. (o) General unsecured creditors whose claims are duly proven and allowed will be paid (choose one only) (a) ___% dividend as long as this dividend exceeds the highest amount, if any, shown in paragraph (n)(i), (n)(ii) or (n)(iii), and the debtor pays in at least 36 monthly payments to be eligible for discharge. (b) The debtor(s) will make payments for ___ months and anticipates a dividend of ____%, but will also exceed the highest amount shown in paragraph (n)(i), (n)(ii) or (n)(iii) above. American LegalNet, Inc. www.FormsWorkFlow.com (p) Unless otherwise ordered by the court, all property of the estate, whether in the possession of the trustee or the debtor(s), remains property of the estate subject to the court's jurisdiction, notwithstanding §1327(b), except as otherwise provided in paragraph (m) above. Property of the estate not paid to the trustee shall remain in the possession of the debtor(s). All property in the possession and control of the debtor(s) shall be insured by the debtor(s). The Chapter 13 trustee will not and is not required to insure assets and has no liability for injury to any person, damage or loss to any property in possession and control of the debtor or other property affected by property in possession and control of the debtor. (q) Notwithstanding the proposed treatment or classification of any claim in the plan confirmed in this case, all lien avoidance actions or litigation involving the validity of liens, or preference action will be reserved and can be pursued after confirmation of the plan. Successful lien avoidance or preference actions will be grounds for modification of the plan. Date ___________________ _____________________________________ Debtor _____________________________________ Debtor American LegalNet, Inc. www.FormsWorkFlow.com *If debtor's attorney wishes to be paid according to the Court's administrative order on attorney's fees include the phrase "pay according to the administrative order" in the blank space and make no other payment provision. DO NOT MAKE CHANGES TO THIS FORM! IF YOU WISH TO DEVIATE FROM THE STANDARD FORM PLAN SUMMARIZE THOSE IN THE SPECIAL PROVISIONS SECTION. Explanation of Paragraph n: The purpose of this paragraph is to allow the debtor to specify dollar amounts that should go to unsecured creditors: (i) and (ii) are those required by law, (iii) is an optional dividend. Many debtors will fill in all the blanks with zeros because their circumstances do not require any distribution to the unsecured creditors. Paragraph (i). The blank in this paragrap