Oklahoma Chapter 13 Plan is a form of bankruptcy protection that is available to individuals with regular income. It allows debtors to keep their assets and make regular payments to creditors over a specified period of time, usually three to five years. Oklahoma Chapter 13 Plan is designed to help debtors pay off their debts without having to liquidate their assets. There are two types of Oklahoma Chapter 13 Plan: the Traditional Plan and the Modified Plan. The Traditional Plan requires debtors to make fixed monthly payments to their creditors over a period of three to five years. The Modified Plan is more flexible and allows debtors to make lower monthly payments over a longer period of time. In both plans, debtors must submit a proposed repayment plan to the court, which must be approved by the court and creditors. Once the repayment plan is in place, debtors must make regular payments and adhere to the terms of the plan. Upon successful completion of the plan, any remaining debt will be discharged and debtors will be able to move forward with their financial lives.