When Does A Chapter 13 Plan Start?

Chapter 13 bankruptcy involves reorganizing debt (as opposed to liquidating dischargeable debt in Chapter 7) over a period of three to five years and requires filers to pay a percentage (anywhere from 1% to 100%) of their debt by making monthly payments to the Chapter 13 trustee who distributes it to their creditors. In Colorado, … Continue reading When Does A Chapter 13 Plan Start?