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My name is Ron Drescher. I'm an attorney practicing bankruptcy and creditors' rights in Maryland,
Delaware, Pennsylvania and Virginia, and today I want to answer the question it looks like
I have to file a Chapter 13 case. How long am I going to have to be involved in that?
Well the answer to that question is, like so many lawyers say, it depends. It depends
upon your income, and it depends upon your assets, and it depends upon whether not you
have priority non-dischargeable claims because, ideally if your income is below the median
income from your state, then you can have a 36month plan. For most other people, and
really for most debtors, the Chapter 13 plan goes 60 months, and that's how long you have
to pay over all of your net disposable income to a Chapter 13 trustee in order to discharge
your dischargeable debits.
My name is Ron Drescher. I'm an attorney practicing bankruptcy and creditors' rights, and you
have a question about what's going to be involved in your Chapter 13 case, please pick up the
phone and call me. I would love to hear from you.