payment

When Is My First Chapter 13 Plan Payment Due?

by Kevin Gipson, New Orleans Bankruptcy Attorney

In a Chapter 13 bankruptcy the debtor proposes a Plan where he makes monthly payments of the arrearages (past due debt) to the Chapter 13 trustee. Because money is already tight, the question I hear most often from clients  is when will the first Chapter 13 Plan payment due? The general rule is found in the Bankruptcy Code, [...]