Wage Earner Plan (Chapter 13 Bankruptcy)

Wage Earner Plan (Chapter 13 Bankruptcy),

What Does Wage Earner Plan (Chapter 13 Bankruptcy) Mean?

  1. Wage Earner Plan (Chapter 13 Bankruptcy) can be defined as, A repayment plan, officially known as Chapter 13 Bankruptcy, allows individuals with fixed incomes to restructure their debts over time.

    • Employee plans, also known as Chapter 13 bankruptcy plans, allow permanent income earners to pay off personal bankruptcy related debts and obligations.
    • Although Chapter 7 bankruptcy is the most common form of bankruptcy, the biggest advantage of Chapter 7 bankruptcy over Chapter 7 is that it allows people to save their homes from predictions.
    • Submission of bankruptcy in Chapter 13 allows individuals to complete all foreclosure procedures and plan to settle all debts, including mortgage payments, over a period of three to five years, allowing them to repay all their debts in a monthly amount. Can take up to

Literal Meanings of Wage Earner Plan (Chapter 13 Bankruptcy)

Wage:

Meanings of Wage:
  1. Next (war or campaign)

  2. A fixed fixed payment that is usually paid daily or weekly by the employer to the employer, especially unskilled or manual workers.

Sentences of Wage
  1. We have to destroy your fighting ability

  2. We fight for better wages

Synonyms of Wage

honorarium, proceed with, fee, remuneration, go on with, prosecute, pay, carry on, conduct, pursue, stipend, allowance, engage in, execute, undertake, practise, devote oneself to, payment, salary, emolument

Earner:

Meanings of Earner:
  1. People who make money for work or services.

Sentences of Earner
  1. Higher tax rates for higher income earners

Plan:

Meanings of Plan:
  1. Make up your mind and plan ahead.

  2. A project or plan (to create or create something)

  3. Detailed advice on what to do or get.

  4. Any intention or decision about what to do.

  5. A detailed map or diagram

Sentences of Plan
  1. They are planning a trip to Egypt

  2. They make gardens

  3. I have no plans to retire

Synonyms of Plan

sketch out, proposal, project, design, plan of action, programme, goal, outline, work out, set up, line up, fix up, suggestion, scenario, make a map of, chalk out, strategy, scheme, object, stratagem, system, make a representation of, agenda, build, formula, concoct, intent

Chapter:

Meanings of Chapter:
  1. The central body of a book, usually by number or title.

  2. A period or event in a person's life, history of a nation, etc.

  3. The governing body of the religious class, especially the church or the order of the knights.

  4. Local branch of the company.

Sentences of Chapter
  1. We will discuss this in Chapter Eleven.

  2. A tragic chapter in European history

  3. Land provided by the Dean and Council of San Pablo Cathedral. Donated

  4. Local branch of the American Cancer Society

Synonyms of Chapter

stage, satellite, episode, part, offshoot, branch, synod, convention, era, bureau, department, consistory, section, agency, period, subdivision, arm, wing, subsidiary, division, portion, governing body, assembly, lodge, bit, segment, convocation, time, component

Bankruptcy:

Meanings of Bankruptcy:
  1. Duality.

  2. Absolutely no condition or price

Sentences of Bankruptcy
  1. Many companies are on the verge of bankruptcy

  2. The moral bankruptcy of despair

Synonyms of Bankruptcy

indebtedness, liquidation, failure, debt, insolvency, financial ruin, ruin, ruination