Legal Question in Bankruptcy in Texas
payment amount
in general, what payment amount will be set up for you in chapter 13? is it bascially yout debt divided over 3 years? 5 years?
Asked on 7/06/06, 10:11 am
1 Answer from Attorneys
Dinesh Singhal
Singhal & Associates
Re: payment amount
Generally yes. But the "debt" may include your outstanding as well as upcoming secured debt. You also add applicable interest and trustee's commission.
Dinesh Singhal
Attorney at Law
Answered on 7/06/06, 4:02 pm
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