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What is required for court approval of the chapter 13 plan?

Approval Chapter 13 Court Plan
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What is required for court approval of the chapter 13 plan?

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The court may confirm a chapter 13 plan if: (1) the plan complies with the legal requirements of chapter 13, (2) all required fees, charges, and deposits have been paid, (3) all priority claims will be paid in full under the plan, (4) the plan was proposed in good faith, (5) each unsecured creditor will receive, under the plan, at least as much as it would have received had the debtor filed under chapter 7, (6) it appears that the debtor will be able to make the required payments and comply with the plan, and (7) each secured creditor has been dealt with in the manner described in the answer to Question 16 above.

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The court may confirm a chapter 13 plan if: (1) the plan complies with the legal requirements of chapter 13, (2) all required fees, charges, and deposits have been paid, (3) all priority claims will be paid in full under the plan, (4) the plan was proposed in good faith, (5) each unsecured creditor will receive under the plan at least as much as it would have received had the debtor filed under chapter 7, (6) it appears that the debtor will be able to make the required payments and comply with the plan, and (7) each secured creditor has been dealt with in the manner described in the answer to Question 16 above.

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• the plan complies with the legal requirements of Chapter 13; • all required fees, charges, and deposits have been paid; • all priority claims will be paid in full under the plan; • the plan was proposed in good faith; • each unsecured creditor will receive under the plan at least as much as it would have received had the debtor filed under Chapter 7; • it appears that the debtor will be able to make the required payments and comply with the plan; • each secured creditor has been dealt with in the manner described in the answer to Question 16 above. [Back to top] • When does a debtor have to appear in court in a Chapter 13 case? Most debtors have to appear in court at least twice: once for a hearing called the meeting of creditors, and once for a hearing on the confirmation of the debtor’s Chapter 13 plan. The meeting of creditors is usually held about a month after the case is filed. The confirmation hearing may be held on the same day as the meeting of creditors or at a later date T

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