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Chapter 13 – Analysis of the Debt Limit under Section 109(e) of the Bankruptcy Code

By Carl D. Neff on December 11, 2021

In a Chapter 13 bankruptcy, also known as a wage earner’s plan, individual debtors may be permitted to retain their property, and develop a plan to repay a portion or all of their debts. A debtor will propose a repayment plan to make installment payments to creditors over a 36 to 60 month period.

A…

Posted in Bankruptcy Developments, Creditors Rights

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