Joseph and Sharon Eaton are a married couple with two children under $18$ residing in their home. Their incomes require them to file a Chapter $13$ bankruptcy, but they also are interested in Chapter $13$ to save their home and repay as much of their debt as possible.

Joseph grosses approximately $$70,000$ annually, and Sharon earns $$45,000$ annually. After payment of their basic expenses as listed on their petition, including mortgage payments and their vehicle payment, the Eatons have $$1,000$ left monthly to contribute to a Plan $($monthly disposable income$).$

The debtors have $$35,000$ in unsecured credit card debt. Sharon has a $2015$ Chevy Tahoe worth $$15,000$ with a lien balance of $$20,000.$ The interest on the Tahoe loan is $10\%$; her monthly payments are $$650\mathrm{.}00.$ All her payments are up$-$to$-$date, and she has $46$ payments left on the loan.

Joseph owns a $2011$ Chevy Impala worth $$3,500$ with no lien.

The debtors own the home they reside in$.$ The home is worth $$200,000$ and they have a mortgage against it of $$190,000.$ Their monthly payments are $$2,000,$ including only principal and interest at a rate of $5\%.$ The debtors bought the home one year ago and are behind three payments.

The debtors owe the IRS $$2,500$ in income taxes for the last tax year. However, after adjusting their exemptions, they expect to either break even or receive a small refund in future years.

Your law firm charges a fee of $$2,000$ plus filing fee for a Chapter $13$ case. The debtors paid the filing fee in advance and paid $$1,000$ of the attorney$$s fee. Your firm has agreed to receive the remainder of the fee through the Chapter $13$ plan.

The debtors have no non$-$exempt property and no property they intend to surrender.

In developing the Chapter $13$ Plan, if you believe you need additional information you may supply your own additional facts, but be sure to indicate in your submission any additions or assumptions you made. Also, you need not calculate exact amortizations on loans; if you would rather, you may estimate any amounts needed.