MLchartDataset catalogue

Chapter 13 plan

Term · Law · MLC-T-LAW-000932

A detailed proposal submitted by a debtor in Chapter 13 bankruptcy outlining how they will repay their debts over a period of three to five years. This plan specifies the amount of payments, the creditors to be paid, and the duration of the repayment period. The bankruptcy court must confirm the plan before it can be implemented.

Table 1. Record
IdentifierMLC-T-LAW-000932
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000932",
  "term": "Chapter 13 plan",
  "field": "Law",
  "definition": "A detailed proposal submitted by a debtor in Chapter 13 bankruptcy outlining how they will repay their debts over a period of three to five years. This plan specifies the amount of payments, the creditors to be paid, and the duration of the repayment period. The bankruptcy court must confirm the plan before it can be implemented.",
  "url": "https://mlchart.com/terminology/law/chapter-13-plan/"
}

Record 748 of 5,445 in Law terminology (MLC-0107). Request the full dataset.