How long does a Chapter 13 repayment usually last?
A. Most Chapter 13 repayment plans are 5 years or 60 months, but it may be a shorter plan depending on income and ability to pay. If a plan is confirmed, it can also be paid off early. A large variable in the length of the plan depends on the sum of money you can afford to pay monthly after accounting for your basic living expenses. Many of the amounts of the deductions you are permitted to take are determined by the IRS standards.
