Local Rule Rule 3015-1: The Chapter 13 Plan

Rule 3015-1 The Chapter 13 Plan

(a) Plan Contents. In addition to the requirements of § 1322(a), a plan must contain: (1) a statement of the value of each item of encumbered property; (2) the time within which the debtor proposes to cure any default on any secured claim; (3) a direction to the trustee to either assume or reject any executory contracts or unexpired leases; and if the plan proposes an assumption of a contract or lease that is in default, then a statement as to the method and time to cure the default and an explanation of how to satisfy each of the other § 365(b) requirements for assumption of a defaulted contract or lease; (4) a method by which the trustee can determine the point at which the plan is completed; (5) a statement of the order in which claims are to be paid; (6) a statement of the rate of interest to be paid with respect to each secured claim, articulated as a number and not in formula fashion; (7) a statement of whether all tax returns due have been filed and if not, which returns were not filed; (8) a statement of whether the debtor, if self-employed, incurs trade credit; (9) if the plan provides for the payment of a claim governed by § 1322(b)(5) or (b)(7), a provision that payments by the debtor to the trustee and by the trustee to the creditor on such claim will be adjusted as provided in Local Rule 3001-2; (10) if the plan provides for a surrender of real property to a secured creditor, a statement that the requirements of Local Rule 3001-2 are terminated as to that creditor upon confirmation of the plan; and (11) if the plan provides for a surrender of property to a secured creditor, a statement that the automatic stay, and any applicable co-debtor automatic stay, are terminated as to that creditor upon confirmation of the plan.

(b) Plan Attachments. The debtor must attach to the plan: (1) an analysis of what creditors would receive if the case were a chapter 7 case; and (2) a completed form "Chapter 13 Worksheet," available on the court's website, estimating the total amount of non-priority unsecured claims and the anticipated dividend to non-priority unsecured creditors if the debtor successfully performs the plan.