Szabo Law Group, P.A. Florida. Bankruptcy, immigration and real estate attorneys

What is monthly plan payment in Chapter 13?

What is monthly plan payment in Chapter 13?

In Chapter 13, there is a trustee’s fee of 10%. Debtors to pay to the trustee for a period of 36-60 months normally. For the repayment plan, Debtors must normally adhere to the provisions of the “applicable commitment period,” or the minimum duration of, which is determined by the debtor’s income. -> Read more about it here.