§1329 Plan Modification in North Carolina

How 11 U.S.C. § 1329 applies in North Carolina — federal bankruptcy law, North Carolina 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:

Any party in interest (debtor, trustee, creditor) may move
Modification cannot extend plan past 60 months from first payment
Common triggers: job loss, raise, divorce, home sale
Plan mod is not discharge — plan must still be completed or converted

North Carolina Bankruptcy Data (FJC)

146,103

Total filings

44.4%

Dismiss rate

32,946

Prior filers

35.3%

Prior discharge rate

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 North Carolina-specific answer, check the screener or consult a local attorney.

What §1329 Plan Modification Does

North Carolina Bankruptcy Data (FJC)

Apply This to Your Case

Related North Carolina Statutes

§1329 Plan Modification in Other States