Being in compliance means sticking to the payment schedule and conditions laid out in your plan. This keeps things moving smoothly and helps you avoid trouble down the road.
Yes, creditors can voice their concerns about your plan during the confirmation process, which can lead to negotiations or adjustments to your proposal.
If your plan gets knocked back, you may need to revise it and try again, or possibly explore other options for dealing with your debts.
The process can vary, but typically, it takes a few months to get a Chapter 12 plan confirmed, depending on the court's schedule and any issues that might arise.
To confirm your Chapter 12 plan, you'll need to present it to the bankruptcy court for approval after meeting specific requirements and making sure you've followed all the rules.