Texas Motion to Modify Confirmed Plan

State:
Texas
Control #:
TX-606
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PDF
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Description

Motion to Modify Confirmed Plan

Texas Motion to Modify Confirmed Plan is a legal action in the state of Texas that allows a debtor to request a modification of their existing Chapter 13 bankruptcy plan. This motion typically seeks to modify the payment plan, extend the repayment period, or change the amount of the creditor distributions. It can also be used to add or remove creditors, reduce or increase payments, or modify the terms of the plan. There are two types of Texas Motion to Modify Confirmed Plan: 1) Motion to Modify Confirmed Plan for Cause and 2) Motion to Modify Confirmed Plan Without Cause. A Motion to Modify Confirmed Plan for Cause is used when there are extraordinary circumstances that require the modification of the bankruptcy plan. Examples of extraordinary circumstances include changes in the debtor's income, disability, or death. A Motion to Modify Confirmed Plan Without Cause is used when the debtor wants to modify the bankruptcy plan for reasons unrelated to a change in their circumstances. This could include reducing the amount of the payment or increasing the repayment period. Both types of motions require the debtor to submit a written request to the court and provide a detailed explanation of why the modification is necessary. The court will review the motion and make a decision whether to grant the modification.

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Texas Motion to Modify Confirmed Plan