A Chapter 13 bankruptcy case is started with the filing a petition for Chapter 13 relief with the Bankruptcy Court along with the schedules and statements that reflect the person's financial situation. Under Chapter 13, the debtor must submit a plan of reorganization to provide for his various classes of debt - priority, secured, and unsecured. A Chapter 13 debtor is generally required to devote all of his "projected disposable income" to repay a percentage of unsecured debt over a period of three to five years.
A Chapter 13 case is overseen by a Chapter 13 Trustee. The main duties of the Chapter 13 Trustee is to receive the monthly chapter 13 plan payments and to distribute them to the creditors pursuant to the chapter 13 plan.
A Chapter 13 debtor receives a discharge after all payments required under the chapter 13 plan have been completed.
A Chapter 13 case is overseen by a Chapter 13 Trustee. The main duties of the Chapter 13 Trustee is to receive the monthly chapter 13 plan payments and to distribute them to the creditors pursuant to the chapter 13 plan.
A Chapter 13 debtor receives a discharge after all payments required under the chapter 13 plan have been completed.
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