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Under what circumstances can a confirmed Chapter 13 bankruptcy plan be modified?

A confirmed Chapter 13 bankruptcy plan can be modified in the following instances:

  1. Decrease/increase in income;
  2. Interruption of income;
  3. Change in marital/dependent status;
  4. Unexpected medical expenses;
  5. Unexpected home or auto repair expenses;
  6. Refinance of a mortgage;
  7. Mortgage loan modification;
  8. Purchase or lease of a vehicle;
  9. Missed plan payment;
  10. Need to keep income tax refunds;
  11. Purchase of a home;
  12. Claims filed are higher than scheduled;
  13. Step payment increase and inability to make that increase; and/or
  14. Surrender of secured home or vehicle included in the plan.

If you have any questions about Bankruptcy in Michigan, call Attorney Mike Shovan with the Bay Area Bankruptcy Clinic at (877) 233-9389.

Michael J Shovan PLC is a debt relief agency and we help people file for bankruptcy under the laws of the United States Constitution, Article 1, Section 8.

This post is for informational purposes only and is not intended to constitute legal advice. Any relationship with this firm will be established by a written agreement signed by both you and me. If you have read this far, you need to call me at (877) 233-9389 or email me at mike@mikeshovan.com.

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