|
The # 7 reason for choosing to file a Chapter 13 bankruptcy is that some claims may be treated differently than others.
You may be able to separately classify some claims in order to satisfy priority (tax or domestic support
obligations (alimony and child support etc.) by proposing a repayment plan in chapter 13 to provide for
that.
In some instances, Chapter 13 permits a debtor to file a wage earner repayment plan which separately
classifies certain unsecured claims and allows the debtor to control the payment of a priority debts and
domestic support obligations debt through the plan provisions instead of being overwhelmed by those
obligations at the conclusion of the bankruptcy or having them treated the same as other general
unsecured creditors.
Back
|
