Legal Question in Bankruptcy in New Jersey

Chapter 13 payments

Can a Chapter 13 payments be paid to the trustee in one lump sum or must it be paid out monthly for the 3 year period?


Asked on 12/27/97, 11:40 am

1 Answer from Attorneys

Patrick A. T. West Ohio Ticket Defense Patrick A. T. West, Attorney at Law

Chapter 13 payments

Generally, Chapter 13 payments are made by your employer from wage withholding. However, you can always make payments on the side. If you can get someone to loan you the money to pay your plan in full, you may do so and your discharge comes in a month rather than in 3 years.

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Answered on 12/29/97, 10:34 pm


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