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Learn the Bankruptcy Lingo: Pots & Percentages

By Cathy Moran, Esq. Filed Under: Bankruptcy Practice, Chapter 13

While we’re learning to “walk the walk”, we might as well learn to “talk the (bankruptcy) talk”.  Each profession has its shorthand for concepts that are encountered repeatedly. For bankruptcy lawyers, that includes the distinction between Chapter 13 “percentage plans” vs. “pot plans“. These terms are alternative ways that the dividend to unsecured creditors in […]

Filed Under: Bankruptcy Practice, Chapter 13 Tagged With: bankruptcy practice, bankruptcy terms, Chapter 13

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