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Contents of repayment plan

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Full Text of the Document

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....ntation schedule, including the amounts to be repaid and dates of repayment to creditors; (b) the source of funds that will be used to pay resolution process costs and that such payment shall be made in priority over any creditor; (c) a minimum budget for the duration of the repayment plan, to cover the reasonable expenses of the guarantor and members of his immediate family to the extent th....

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Full Text of the Document

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....sets and excluded debts of the guarantor; and (j) terms and conditions for the discharge of the guarantor. (2) The repayment plan may provide for the following- (a) transfer or sale of all or part of the assets of the guarantor along with the mode and manner of such sale; (b) administration or disposal of any funds of the guarantor; (c) satisfaction or modification of any security i....