Plan Payment

In chapter 13, the plan payment is the amount the debtor pays to the trustee periodically to fund the chapter 13 plan. Typically, the payment is expressed in monthly terms, although some debtors pay on other frequencies, particularly those electing to have the payment withheld from their paychecks. The debtor proposes the initial plan payment, in an amount adequate to pay the debts proposed to be paid under the chapter 13 plan.

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