§1329 Plan Modification in Maine

How 11 U.S.C. § 1329 applies in Maine — federal bankruptcy law, Maine district data.

What §1329 Plan Modification Does

A confirmed Chapter 13 plan can be modified after confirmation at the request of the debtor, trustee, or unsecured creditor. Modification extends or reduces payment period, changes amount or classification of claims, or accounts for changed circumstances. Cannot extend beyond the statutory 5-year maximum.

Key points:

Maine Bankruptcy Data (FJC)

5,129
Total filings
38.8%
Dismiss rate
913
Prior filers
43.2%
Prior discharge rate

Districts covered: D. Maine.

Apply This to Your Case

The rules above are federal — they apply identically in every state. What varies by state is exemptions (§522), median income thresholds (means test), and case-law interpretations of ambiguous terms. For a Maine-specific answer, check the screener or consult a local attorney.

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Related Maine Statutes

§1329 Plan Modification in Other States