Unless the court grants an extension, the debtor must file a repayment plan with the petition or within 14 days after the petition is filed. A plan must be submitted for court approval and must provide for payments of fixed amounts to the trustee on a regular basis, typically biweekly or monthly. The trustee then distributes the funds to creditors according to the terms of the plan, which may offer creditors less than full payment on their claims.

In Arizona, as in all states, the process for filing a repayment plan in a bankruptcy case is governed by federal law, specifically the Bankruptcy Code. When an individual files for Chapter 13 bankruptcy, they must submit a repayment plan either with their petition or within 14 days after the petition is filed, unless the court grants an extension. This plan outlines how the debtor intends to pay off their debts over a period of time, usually three to five years. The plan must be approved by the court to ensure it meets the legal requirements and is fair to all parties involved. Once approved, the debtor makes regular payments to a trustee, who then distributes the funds to creditors according to the plan's terms. Creditors may receive less than the full amount owed, depending on the debtor's financial situation and the type of debt. The regular payments are typically set on a biweekly or monthly basis. It's important for debtors to adhere to the terms of the repayment plan, as failure to make the payments can lead to dismissal of the bankruptcy case or conversion to a different chapter of bankruptcy.