Chapter 13 Bankruptcy Repayment Plan - Sample

UNITED STATES BANKRUPTCY COURT FOR THE
Eastern District of Washington

CREDITOR'S RIGHTS WILL BE AFFECTED BY THIS PLAN. Read this, and other documents sent to you, carefully and discuss them with your attorney (if applicable).

TO FILE AN OBJECTION TO CONFIRMATION. An Objection to Confirmation must be filed not later than seven (7) days prior to the date fixed for the Confirmation hearing and must state with particularity the grounds for the objection. see your bankruptcy district court's web site for Chapter 13 Amendments to Plan rules (LBR 3015-2).

PROOFS OF CLAIM. Creditors must file a proof of claim to be paid. Confirmation of this plan does not bar the debtor, Trustee or a party in interest from objecting to a claim.

1. PAYMENT AND LENGTH OF PLAN

Debtor(s) shall pay _________ per _______ to the Chapter 13 Trustee beginning on _________
The length of the plan is _____months.

Other payment provisions are (if applicable):

2. FILING FEES
The Filing fee as prescribed by LBR 1006-1 shall be paid as follows: (check one)

___ Filing Fee paid in full directly to the Clerk of Court with the petition
___Filing Fee is being paid in installments pursuant to LBR 1006-1 directly to the Clerk
___Filing Fee is being paid in installments pursuant to LBR 1006-1 through the debtor's
Chapter 13 plan as follows:

4. SECURED CLAIMS PAID THROUGH THE PLAN

The Debtor proposes that the Trustee make adequate protection payments prior to the confirmation of this Plan, pursuant to § 1326(a)(1) to the following creditors indicated below holding a purchase money security interest in personal property. Only those creditors entitled to §1326(a)(1) adequate protection payments will receive pre-confirmation payments through the debtor's payments to the Trustee. The Trustee shall commence making such payments to creditors holding allowed claims secured by an interest in personal property consistent with the Trustee's distribution process and only after the timely filing of a proof of claim by such creditor. The Trustee shall receive the percentage fee fixed under 28 U.S.C. § 586(e) on all adequate protection payments. Pre-confirmation adequate protection payments shall be applied to the principal of the creditor's claim. Upon confirmation of this plan all secured creditors will receive adequate protection payments as set out below along with the payment of the debtor's attorney's fees. At such time as the debtor's attorney's fees have been paid in full, the creditor's claim shall be paid its specified monthly plan payments on the terms and conditions listed below as required under Section1325(a)(5).