Michigan Chapter 13 Information:

Basic Chapter 13 information and forms are available from Michigan bankruptcy courts. Be aware that official instructions provided by the court are significantly different that personal legal advice. Typically the determination of "disposable income" is fertile ground for creditor objections. Amendments to regulation of Ch. 13 payments are now pending before Congress. In particular, these pending amendments incorporate a universal standard for living allowances, rather than allow judges discretion to adjust payments for the needs of individuals.

NOTICE OF AMENDED FORMS AND AUTOMATIC ADJUSTMENTS TO DOLLAR AMOUNTS: On April 1, 2004, automatic adjustments to the dollar amounts stated in various provisions of the Code will become effective in Michigan Bankruptcy Courts. The new dollar amounts will apply to cases filed after the effective date. These amended dollar amounts will affect the eligibility of a debtor to file under Chapter 13 of the Code, certain maximum values of property that a debtor may claim as exempt, the maximum amount of certain claims entitled to priority, the minimum aggregate value of claims needed to commence an involuntary petition, and the value of luxury foods and services deemed to be nondischargeable. The Michigan Bankruptcy Courts will adopt new forms to incorporate these changes beginning April 1, 2004.

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