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CHAPTER 13 PLAN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

See Chapter 13 The plan refers to the document filed in a Chapter 13 bankruptcy proceeding where the debtor represents how the debtor’s disposable income will be used over the three to five-year period during which all mandatory debts are to be paid. It states the plan for each item, for example, mortgage arrears, credit card bills, etc. and can include secured and unsecured debt.

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