Who decides what amounts will be paid and how long the case must run?
This is a very difficult question to answer. Generally, creditors are classified as specific types of creditors (for example, secured, under-secured, over-secured, unsecured priority, and unsecured non-priority). The plan of re-organization that is filed with the Court and developed by your attorney and you provides how creditors are to be paid and how long the plan must run. There are a number of very specific rules that require certain classifications of creditors to be treated certain ways. The type of debt that a person has typically determines how much must be paid in and how long the plan must run. The rules in Chapter 13 bankruptcy are fairly clear and it is the attorney’s responsibility to know the rules and apply those rules to your specific circumstances. How is my house payment dealt with in Chapter 13 bankruptcy? As a general rule, ongoing, regular monthly mortgage payments are made directly by you to the mortgage company and are not included in the plan repayment made to t
