Your Chapter 13 Budget

Your attorney will work with you before filing your Chapter 13 to develop a budget of your expenses and income for the court’s approval. Your attorney will set up a payment to the Chapter 13 trustee in an amount which you can afford on your monthly budget. Under your Chapter 13 plan, you will typically be required to make your current payments on your mortgage, utility bills, and personal expenses, as well as a payment to the Chapter 13 trustee. All credit cards, auto payments, mortgage arrearage, and other bills will typically be paid by the trustee from your monthly plan payment. The Chapter 13 trustee is appointed by the court to make payment on the bills which have been consolidated under the Chapter 13. Since each Chapter 13 is different, you should consult with your attorney on what payments are your responsibility.