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Rule 3015-6 Chapter 12 Cases

(a) Plan.

(1) Unless otherwise ordered by the court, a chapter 12 plan should substantially conform to AK LBF 5 and include the plan and liquidation analyses attached to AK LBF 5. (2) [A] The Alaska Permanent Fund Dividend is to be included in accordance with paragraph 2(b) of AK LBF 5 and may not be included in the regular periodic payments provided in paragraph 2(a). [B] Paragraph (3)(h) of AK LBF 5 may be modified to provide separate classes of unsecured claims to the extent provided by § 1222(b)(1) of the Bankruptcy Code. [C] The following matters may not be accomplished simply by inclusion in a chapter 12 plan: (i) lien avoidance; (ii) objections to claims; (iii) determination of the dischargeability of debts; and (iv) valuation of collateral.

(3) The plan must be signed by the debtor and, if represented by counsel, debtor's attorney, which signatures constitute certification that the plan complies with the provisions of the Bankruptcy Code, the Federal Rules of Bankruptcy Procedure and this Rule.

(b) Reporting Income/Expenses.

(1) Schedules of income and expenses, and required periodic financial reports, if any, must clearly delineate the source and amount of gross receipts and projected expenditures.

(2) Expenses incident to the production of any non-wage income must be accurately set forth.

(c) Motions to Value Collateral. Motions to value collateral under Rule 3012, Federal Rules of Bankruptcy Procedure, must be filed not later than the later of:

(1) Twenty-one (21) days after the conclusion of the meeting of creditors held under § 341 of the Code; or

(2) Sixty (60) days after the petition is filed.

(d) Scheduling Hearings. The debtor should, to the extent practicable, move, notice and submit a Calendar Request for all hearings on objections to claims under Rule 3007, Federal Rules of Bankruptcy Procedure, valuations of collateral under Rule 3012, Federal Rules of Bankruptcy Procedure, and any other miscellaneous motions in conjunction with a chapter 12 case, so that the hearings on all motions are set for the same time, date and place.