How Much Will I Have to Pay Monthly in a Chapter 13 Bankruptcy Plan?

The amount of a Chapter 13 bankruptcy plan payment is generally a person’s monthly ‘disposable income.’  This figure can be arrived at by looking at the amounts set forth at the bottom of Schedule I and Schedule J: monthly income, less monthly allowable expenses, equals ‘disposable income.’

These calculations can be determined by properly using Standard Legal’s Bankruptcy legal forms software.