Chapter 13 Plan {NYSB Ch13P}

CHAPTER 13 PLAN. This form is used in the United States Bankruptcy Court, Southern District of New York by debtors who are seeking to reorganize their debts and create a repayment plan under Chapter 13 of the Bankruptcy Code. The Chapter 13 Plan outlines the proposed payment schedule and treatment of various types of claims, including secured claims, priority claims, and nonpriority unsecured claims. It also includes provisions for the treatment of executory contracts and unexpired leases. The form contains several sections that cover different aspects of the repayment plan, such as notices to debtors and creditors, plan payments and duration, treatment of secured claims, treatment of fees and priority claims, treatment of executory contracts and unexpired leases, treatment of nonpriority unsecured claims, and miscellaneous provisions. Debtors are required to provide information about their financial situation, including their income, expenses, and assets. The plan must comply with the Bankruptcy Code, the Bankruptcy Rules, judicial rulings, and the Local Rules of the specific bankruptcy court. The form also includes certification and signature sections where the debtor(s) must sign to acknowledge the accuracy and completeness of the information provided in the plan. www.FormsWorkflow.com