Who determines how much my Chapter 13 payments will be?
The amount of your Chapter 13 payments are based upon your income, your monthly living expenses, and the amount of your total debts. The Court will allow you to keep and spend so much of your income as is necessary to maintain a reasonable standard of living. Only your disposable income over and above normal and reasonable living expenses will be used to repay debt.
If you wish to engage us to advise you as to your rights and options or to provide other legal services, please click here to contact our Maryland law offices in Baltimore, Dundalk, Bel Air or Owings Mills.
Posted in Chapter 13 Basics