INTRODUCTION
Chapter 13 Bankruptcy is what is known as reorganization bankruptcy. Chapter 13 bankruptcy is filed by individuals who want to pay off their debts over a period of three to five years.

The main advantage of filing under Chapter 13 is that your property is not liquidated by the trustee as in Chapter 7. You keep all of your property as long as you comply with the repayment plan. But you are not completely discharging your debt. You must pay your creditors a percentage on the dollar established in accordance with your assets and ability to pay.  Chapter 13 Bankruptcy is only an option for individuals who have predictable income and whose income is sufficient to pay their reasonable living expenses with some amount left over to pay off their debts.

CHAPTER 13 PLAN CALCULATOR SOFTWARE

The software also calculates monthly disposable income which is the money paid into a Chapter 13 Plan.  Bankruptcy Trustees want to see how you derive the disposable income to come up with or to verify the proposed repayment plan.