What percent do the unsecured creditors usually receive?
A. In most cases unsecured creditors receive 10 percent of their claim. In other words if a credit card had a $1000.00 balance before you filed they would receive $100.00 over the course of the plan. This $100.00 would then be spread over the 36 or 60 months of the plan so that you are only paying a few dollars every month to satisfy this creditor.
