**[United States Bankruptcy Court]{.smallcaps}**

**[District of Vermont]{.smallcaps}**

**[Chapter 13 Plan]{.smallcaps}**

[ORIGINAL]{.underline} PLAN Dated: [April 1, 2006]{.underline}

### Payments to the Trustee.

> The debtor shall pay to the Chapter 13 Trustee
> **[\$700.00]{.underline}** per month for **[60]{.underline}** months,
> plus **[\$2,500.00]{.underline}** from **[sale of 2000 Polaris
> snowmobile]{.underline}** to be paid by **[November 1,
> 2006]{.underline}** for a total of **[\$44,500.00]{.underline}**.
>
> Payments to the trustee shall be made in the following manner:
> **[Payroll Deduction]{.underline}**.
>
> If by employer deduction, the following amounts shall be deducted from
> the following employers:
>
> **Debtor's Employer: [\$500.00]{.underline} Spouse's Employer:
> [\$200.00]{.underline}**

### Disbursements to Creditors Through Plan. After confirmation of the Plan, the Chapter 13 Trustee shall make disbursements to creditors as follows:

> **A. Priority Claims.**

  ------------------------ ----------------------------------- ----------------
  **Debtor's Attorney**    Atticus Finch                       \$1,811.00

  **Internal Revenue                                           \$500.00
  Service**                                                    

  **Vermont Dept of                                            \$150.00
  Taxes**                                                      

  **Administrative Claim**                                     \$250.00

  **Support Creditor**                                         \$725.00

                                                               

                                                               

                           **Total to be Paid to Priority      **\$3,436.00**
                           Creditors:**                        
  ------------------------ ----------------------------------- ----------------

B.  **Secured Claims.**

> **Monthly payments on secured claims in which the entire claim is
> being paid through the plan shall be made in equal monthly amounts as
> follows and shall be paid concurrently with administrative claims,
> including attorney's fees. The term of payment for the following
> claims is calculated based on a payment schedule of \_\_\_\_\_
> months.**

  --------------- ------------ ---------------- -------------- --------------- -------------- ------------ --------------
  **Creditor**    **Type of    **Collateral**   **Value**      **Principal**   **Interest**   **Interest   **Monthly
                  Claim**                                                                     Rate**       Payment**

  Town of         PROP. TAXES  Residence        \$185,000.00   \$2,310.00      \$250.00       7.00%        \$106.67
  Enosburg                                                                                                 

  Friendly Face   ARREARAGES   Residence        \$185,000.00   \$2,400.00      \$0.00         0.00%        \$100.00
  Bank                                                                                                     

  Benificent      ARREARAGES   Residence        \$185,000.00   \$925.00        \$0.00         0.00%        \$38.54
  Finance Co.                                                                                              

  GMAC            MODIFIED     2001 GMC Truck   \$6,200.00     \$6,200.00      \$650.00       7.00%        \$285.42

  Internal                     Residence        \$185,000.00   \$750.00        \$83.00        7.00%        \$34.71
  Revenue Service                                                                                          

  **Totals to be                                                                                           **\$565.33**
  Paid to Secured                                                                                          
  Claims:**                                                                                                
  --------------- ------------ ---------------- -------------- --------------- -------------- ------------ --------------

> **Debtor surrenders the following collateral. Upon entry of the
> confirmation order, the stay is lifted as to the surrendered
> collateral.**

  -------------------------- --------------------------------------------
  **Creditor**               **Collateral to be Surrendered**

  Orange County Bank         Harley Davidson Sportster

                             
  -------------------------- --------------------------------------------

C.  **Unsecured Claims.**

> Allowed, non-priority claims shall be paid a total dividend of
> **[\$23,450.00]{.underline}** to be distributed pro rata. In the event
> that the creditors in this case file claims in the amounts scheduled
> in the petition, and those claims are allowed for the scheduled
> amounts, the percentage dividend will be about
> **[37.82%]{.underline}**.
>
> In the event that the total of the allowed claims is less than the
> total of the scheduled claims, the actual percentage dividend will be
> higher. In the event that the total of the allowed claims is greater
> than the total of the scheduled amounts, the actual percentage will be
> lower. In order to determine the actual amount of the percentage
> dividend to be paid to unsecured creditors, creditors may contact the
> Chapter 13 Trustee after the claims bar date in this case has passed.

### Curing Defaults and Maintaining Payments

> **Direct Payments the Debtor Will Make to Creditors Outside of Plan.**
> The debtor shall pay the following monthly payments directly to the
> creditor and not through the Chapter 13 Trustee.

  ------------------------------ --------------- -------------------------
  **Creditor**                   **Type of       **Amount of Monthly
                                 Payment**       Payment**

  Friendly Face Bank             Mortgage        \$870.00

  Benificent Finance Co.         Equity Credit   \$206.00
  ------------------------------ --------------- -------------------------

### Executory Contracts and Unexpired Leases

> All executory contracts and unexpired leases are rejected, except the
> following, which are assumed.

  ------------------- ------------------------------ --------------------
  **Creditor**        **Property Description**       **Treatment by
                                                     Debtor**

  Toyota Motor        2004 Camry                     Assuming Lease
  Leasing                                            

  GMAC                2006 Automobile                Rejecting Lease
  ------------------- ------------------------------ --------------------

### Trustee's Fees.

> The Chapter 13 Standing Trustee's percentage fees shall be calculated
> per order of the Executive Office of the United States Trustee on all
> disbursements through the Plan. The maximum percentage shall be 10% of
> the disbursements to creditors in the Plan. For any disbursements
> during a period at which the applicable percentage is less than 10%,
> the dividend to unsecured creditors shall increase by the amount of
> any reduction in trustee's fees below the 10% maximum.

### Other Provisions.

a.  Property of the Estate shall revest in the debtor upon completion of
    Plan payments by the debtor.

b.  Secured creditors and lessors who are continuing to receive direct
    payments from the debtor shall mail informational statements,
    notices or coupons to the debtor in conformance with the local rules
    of this District.

c.  The holder of a secured claim shall retain the lien securing such
    claim until the earlier of the payment of the underlying debt
    determined under nonbankruptcy law; or discharge under § 1328; and
    if the case under this chapter is dismissed or converted without
    completion of the plan, such lien shall also be retained by such
    holder to the extent recognized by applicable non-bankruptcy law.

d.  Other.

### Liquidation Analysis.

  ---------------------------------------------------------- --------------
  Property of the Estate                                     \$255,000.00

  Property Subject to Secured Claims                         \$160,000.00

  Exempt Property                                            \$50,000.00

  Non-Exempt Equity                                          \$45,000.00

  Estimated Chapter 7 Costs of Sale                          \$12,000.00

  Estimated Chapter 7 Trustee's Fees                         \$13,000.00

  Estimated Chapter 7 Other Costs                            \$2,000.00

  Total Chapter 7 Administrative Costs                       \$27,000.00

  Priority Claims                                            \$1,625.00

  Unsecured Claims                                           \$62,000.00

  Available to Unsecured Creditors in Chapter 7              \$16,375.00

  Estimated Dividend to General Unsecured Creditors in       26.41%
  Chapter 7                                                  
  ---------------------------------------------------------- --------------

### Plan Payment Summary.

  ---------------------------------------------------------- -------------
  Plan Term                                                  60

  Monthly Plan Payment                                       \$741.67

  Total to be Paid to the Chapter 13 Trustee                 \$44,500.00

  Total to be Paid to Priority Claims                        \$3,436.00

  Total Principal to be Paid to Secured Claims               \$12,585.00

  Total Interest to be Paid to Secured Claims                \$983.00

  Trustee's Percentage Fee                                   \$4,045.45

  Total to be Paid to Unsecured Creditors                    \$23,450.55

  Anticipated % Dividend to Unsecured Creditors in Plan      \$37.82%
  ---------------------------------------------------------- -------------

The debtors, by their signature below, affirm that they have read this
Plan and understand its terms, and also affirm that to the best of their
knowledge and belief:

a.  the term of this plan is consistent with the minimum commitment
    period required by the means test and Form B22C filed in this case;

b.  the debtor will be able to make all of the payments under the Plan
    and to comply with the Plan;

c.  the debtor has filed his petition in good faith;

d.  the debtor has paid all amounts required to be paid under a domestic
    support obligation and that became payable after the date of the
    filing of the petition if the debtor is required by a judicial or
    administrative order, or by statute, to pay such domestic support
    obligation; and

e.  the debtor has filed all applicable Federal, State, and local tax
    returns as required by §1308.

> Dated: [April 1, 2006]{.underline}

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  /s/ DEBTOR NAME

  DEBTOR NAME
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  /s/ DEBTOR SPOUSE NAME

  DEBTOR SPOUSE NAME
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> Dated: [April 1, 2006]{.underline}

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  /s/ ATTORNEY NAME

  ATTORNEY NAME
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