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A Planned Feasibility is Imperative to a Successful Discharge of a Chapter 13 Bankruptcy

Feb. 16, 2017

“What qualifications there were for 13?”

It is a qualification known as “Feasibility”, what we call plan feasibility. You have to be able to afford to pay back everybody that has to be paid back. Your plan has to be feasible. So, your plan payment has to be high enough to pay the IRS and the car and the arrears on the house. Otherwise, something has to give.