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How long does it take to complete a Chapter 13 plan?

April 26, 2017Chapter 13 COMPLETE Plan

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How long does it take to complete a Chapter 13 plan?

3 Answers

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A Chapter 13 plan lasts for three or five years, depending on the amount of the debt, the ability to pay, and the specifics of the plan, unless all debts can be paid off in less time. Under certain circumstances, the court may approve a plan that lasts as long as five years.

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Chapter 13 plan lasts for three years unless the debtor can pay off all debts in less time. Under certain circumstances, the court may approve a plan that lasts as long as five years.

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Posted

A Chapter 13 plan lasts for three years unless the debtor can pay off all debts in less time. Under certain circumstances, the court may approve a plan that lasts as long as five years.