Chapter 13 is known as the wage earner plan; plan must be filed by the debtor within how many days of petition?

Chapter 13 is known as the wage earner plan; plan must be filed by the debtor within how many days of petition?

• A. Within 15 days
• B. Within 30 days
• C. Within 60 days
• D. On the date of petition

Answer: (A)

Chapter 13 moves forward by proposing a repayment plan for the debtor’s debts. The plan must be filed within 15 days after the petition is filed. This tight deadline helps keep the case moving quickly, giving creditors a concrete proposal to review and enabling the court to move toward confirmation of the plan. If the plan isn’t filed in that window, the case can be dismissed or converted to Chapter 7, undermining the Chapter 13 process. For example, if the petition is filed on a given date, the plan should be filed by the 15th day after that date.

Chapter 13 moves forward by proposing a repayment plan for the debtor’s debts. The plan must be filed within 15 days after the petition is filed. This tight deadline helps keep the case moving quickly, giving creditors a concrete proposal to review and enabling the court to move toward confirmation of the plan. If the plan isn’t filed in that window, the case can be dismissed or converted to Chapter 7, undermining the Chapter 13 process. For example, if the petition is filed on a given date, the plan should be filed by the 15th day after that date.