Chapter 13 Bankruptcy Plan Payment Calculator

This calculator will help you determine the minimum monthly payment you'd need to make as part of your Chapter 13 Bankruptcy Plan.

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In Chapter 13 bankruptcy, you propose a repayment plan to pay back some or all of your debts over a three to five-year period. The amount of your plan payment depends on numerous factors including:

  • where you live
  • your income and expenses
  • whether you own nonexempt property, and
  • the types of debts you have.

As a result, no payment calculator can accurately predict each individual debtor’s exact monthly plan payment. The calculator contained in this article is designed only to estimate the minimum monthly payment you would likely have to make if you filed for Chapter 13 bankruptcy. If you have disposable income or nonexempt assets, your plan payment may be significantly higher than the amount obtained through this calculator.

In order to understand how to complete the below calculator and to learn about other factors that will affect your Chapter 13 plan payment amount, see How the Chapter 13 Bankruptcy Plan Payment is Calculated.

To learn more about how to propose a feasible Chapter 13 plan, see our topic area on The Chapter 13 Repayment Plan.

Minimum Chapter 13 Plan Payment Calculator

Debts That Must be Repaid

1. Mortgage arrears

2. Arrears on other home loans or lines of credit

(unless you plan to strip them off)

3. Balance on car loan (or FMV for cramdown)

(use if you plan to or if your jurisdiction requires you to pay off your entire loan through your plan; if you plan to cram down the loan, enter the fair market value instead of the loan balance)

Balance on loans secured by other personal property (or FMV for cramdowns)

(for tools, furniture, equipment, household goods, other personal property; use if you plan to or if your jurisdiction requires you to pay off your entire loan through your plan; if you plan to cram down the loan, enter the fair market value instead of the loan balance)

5. Car loan arrears

(use if your jurisdiction doesn’t require you to pay off the entire balance of the loan in order to catch up; otherwise, use Line 3)

6. Arrears on other secured loans

(for tools, furniture, equipment, household goods, other personal property; use if your jurisdiction doesn’t require you to pay off the entire balance of the loan in order to catch up; otherwise, use Line 4)

7. Alimony and child support arrears

8. Tax debts

(only those that qualify as priority tax debts)

9. Total amount of claim for death or personal injury arising out of your driving under the influence

10. Total amount of other priority debts

(see Bankruptcy Schedule E for a complete list)

11. Other

Plan Lenth and Calculations

Length of plan in months

(Must be 36 to 60 months)

Administrative fees*

(will vary; 10% used here)

*You will also have to pay interest on secured claims paid through the plan. That amount is not included in this calculation.

Total amount paid through plan

Minimum Chapter 13 plan payment

More Information

See our section on The Chapter 13 Repayment Plan to learn more the factors that affect your Chapter 13 plan payment.

by: , Attorney

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