How much you need to pay into your Chapter 13 plan depends on your disposable income as defined and determined by the bankruptcy laws. You are allowed to keep as much of your income as is necessary to maintain a reasonable standard of living, based on IRS standards. Only your disposable income over and above such normal and reasonable living expenses will be used to repay unsecured debt.
Contact us now to inquire about how Chapter 13 Bankruptcy can benefit you.
