Chapter 13 Plan Extensions Available Again
Stephen Behrends • June 16, 2021
Congress Extends Crucial Deadlines
Last year Congress allowed people in Ch 13 with a plan that was confirmed before March 21, 2020 to get an extra 24 months to complete it, if they had been impacted by the COVID 19 crisis. This gave many people more time to pay what they were already going to have to pay. The extension didn't require that they pay more, just that they had more time to pay.
Unfortunately, that option went away on the anniversary of the law that created it. So people who didn't have a confirmed plan prior to March 21, 2020 or who didn't request an extension by March 21, 2021 were out of luck.
Fortunately Congress now has granted a one year extension both on when you had to have a confirmed plan and also the deadline by which you had to request the extension.
So if you are in a Ch 13 case, call your attorney immediately and see if you are eligible. It may give you the ability to reduce your payments and still complete your plan.
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