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Your bankruptcy attorney will have the repayment agreement figured and agreed upon by the judge when you get it. They will determine this based on your income and debt.

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Q: How do you figure a Chapter 13 repayment agreement of 11500 for 36 months or 60 months?
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Related questions

What items are covered under Chapter 13?

A Chapter 13 bankruptcy is a consolidation/repayment action. The debtor keeps all personal and real property if the "13" is approved and if secured lender's agree to the terms. The debtor must submit an accurate itemized repayment plan to the trustee for the court's approval before the BK can be granted. Chapter 13 BK is from a 36-60 months duration, with the debtor required to adhere to a very strict budget and repayment schedule.


When does repayment of a PLUS loan begin?

2 months after disbursment


If you have a judgment on your credit report can you buy a house?

Generally no, but some lenders will allow a judgment to stay open on your credit report if you provide a repayment agreement and proof that payments have been made on time for 6-12 months.


Can your trustee convert your Ch 7 to a Ch 13 if he decides that you will have enough money to make payments on a Ch 13 repayment plan in 10 months?

No. Once a chapter 7 bankruptcy has been discharged it is final.


While in Chapter 13 will they take a winter seasonal job layoff into consideration regarding your payments?

Yes - you can request a variable repayment plan with higher payments during the months that you are employed. Ask your lawyer or trustee for more info!


Can you have a cosigner on a car loan while in the last few months of bankruptcy?

When participating in a Chapter 13 BK repayment all major financial transactions must have the approval of the bankruptcy trustee. If the person does not clear the action with the trustee the "13" can be dismissed with prejudice.


When do you get discharged from a chapter 7?

about 4-5 months after filing chapter 7.


What amount Stamp paper valid for flat lease agreement?

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How old is Hester's baby in chapter 2?

In Chapter 2 of "The Scarlet Letter," Hester's baby Pearl is three months old.


What is a loan repayment plan?

Whenever you take out a loan, you are borrowing someone else's money. Whatever you borrow, you are expected to pay back. A repayment plan is a plan about how much you will pay back a month, and for how long. Say if you take out a 1,000 loan. Your repayment plan could be you paying 100 a month for 10 months.


Can a bank go into your checking account and take money out If I am overdue on credit card payments?

It depends. If:you have a monthly loan repayment agreement with the creditor wherein the creditor automatically deducts your monthly payments from your savings account oryou have defaulted on your loan payments for more than 2 or 3 months and haven't contacted the creditor reg. the sameThen, the creditor can withdraw money from your account (if there is any cash available) towards your loan repayment. Otherwise the creditor cannot deduct any money from your account without intimating you.


Are there student loans with a grace period of 6 months after graduation to begin paying them back?

Yes, I know all Federal Student Loans start repayment 6 months after graduation.