Bankruptcy Forms: Filing Bankruptcy Chapter 7 Bankruptcy Software Chapter 13

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TITLE 11–BANKRUPTCY

CHAPTER 13– ADJUSTMENT OF DEBTS OF AN INDIVIDUAL WITH REGULAR INCOME

Sub Chapter II – The Plan

Sec. 1323. Modification of plan before confirmation

  (a) The debtor may modify the plan at any time before confirmation, 
but may not modify the plan so that the plan as modified fails to meet 
the requirements of section 1322 of this title.
    (b) After the debtor files a modification under this section, the 
plan as modified becomes the plan.
    (c) Any holder of a secured claim that has accepted or rejected the 
plan is deemed to have accepted or rejected, as the case may be, the 
plan as modified, unless the modification provides for a change in the 
rights of such holder from what such rights were under the plan before 
modification, and such holder changes such holder's previous acceptance 
or rejection.

(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2649.)


                      Historical and Revision Notes

                        senate report no. 95-989

    The debtor is permitted to modify the plan before confirmation 
without court approval so long as the modified plan, which becomes the 
plan on filing, complies with the requirements of section 1322.
    The original acceptance or rejection of a plan by the holder of a 
secured claim remains binding unless the modified plan changes the 
rights of the holder and the holder withdraws or alters its earlier 
acceptance or rejection.

                  Section Referred to in Other Sections

    This section is referred to in section 1329 of this title.


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Note: For affordable legal assistance The Center For Debt Management highly recommends Standard Legal's Do-It-Yourself Bankruptcy Forms Software Kits. For credit repair services,
the most trusted law firm in America with over 15 years of experience is Lexington Law Firm.

For more bankruptcy help and bankruptcy alternatives, go to Bankruptcy Resources

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Legal Resource Center: United States Code TITLE 11 Filing Bankruptcy Forms Software