Once a Chapter 13 Plan Has Been Confirmed, It May

question 55

Multiple Choice

Once a Chapter 13 plan has been confirmed, it may:

• A) be modified at the debtor's request but only if the trustee agrees.
• B) be modified only if all unsecured creditors agree.
• C) not be modified.
• D) be modified at the request of the debtor, the trustee, or a holder of an unsecured claim.

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Definitions:

Pleasant Consequence

A positive outcome or reward that follows a desired behavior, often used in reinforcing such behavior.

Positive Reinforcement

in behavioral psychology, it is the introduction of a rewarding stimulus following a desired behavior, encouraging its repetition.

Punish Openly

The act of enforcing a penalty or discipline in a public or transparent manner, often as a deterrent to others.

Successive Approximations

A method where a series of increasingly accurate estimates or steps lead to a desired response or outcome.