As a 13 looks more and more likely, I am wondering how plan lengths are determined? I have 3 parcels of real estate that are valued at $14806 and if that is what the Trustee says he wants, I won't be able to afford that in 36 months on my income alone...I would need the full 60.
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A 13 has many complexities to determine plan payment, as yours is the case, and until you and a attorney sit down and hash it all out, would you be able to accurately determine what you owe and what your payment is.
But to answer your question.
Take a look, 6 months back into your income, and determine what you are grossing, then multiply by 2, which gives you your annual gross income.
You can use this to help you determine what is going to be considered income, http://legalconsumer.com/bankruptcy/means-test/
Then, visit the usdoj.gov website below, and determine what the State Median Income is, and see if you are below or above that median income based on your household size.
If you are below the median, then your plan can be as little as 36 months if you can afford it, or it may fall between 36 to 60 months.
If you are above the median, then your plan is 60 months, no less.
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