Title 11 of the United States Code sets forth the statutes governing the various types of relief for bankruptcy in the United States. Chapter 13 of the United States Bankruptcy Code provides an individual the opportunity to propose a plan of reorganization to reorganize their financial affairs while under the bankruptcy court's protection. The purpose of chapter 13 is to enable an individual with a regular source of income to propose a chapter 13 plan that provides for their various classes of creditors. Under chapter 13, the Bankruptcy Court has the power to approve a chapter 13 plan without the approval of creditors as long as it meets the statutory requirements under chapter 13. Chapter 13 plans are usually three to five years in length and may not exceed five years. Chapter 13 is in contrast to the purpose of Chapter 7, which does not provide for a plan of reorganization, but provides for the discharge of certain debt and the liquidation of non-exempt property.
About Chapter 13
Four-piece boy band comprised of actors/musicians who met while appearing in the West End musical School of Rock. They competed on the 13th season of Britain's Got Talent and received the final golden buzzer of 2019.
Achievement of Chapter 13
In their early days,wearechapter13 they impressed the likes of McFly and Busted. They played their first gig in September of 2018 at Camden Assembly. They provided two songs for a musical version of Tom Fletcher's novel The Creakers.
Top Facts You Did Not Know About Chapter 13
United States bankruptcy legislation.. Title 11 of the United States Code.
Latest information about Chapter 13 updated on July 28 2021.