Collateral - Property that is promised as security for the satisfaction of a debt.⏎
Disposable income - Income not reasonably necessary for the maintenance or support of the debtor or dependents. If the debtor operates a business, disposable income is defined as those amounts over and above what is necessary for the payment of ordinary operating expenses.⏎
Debtor's plan - A debtor's detailed description of how the debtor proposes to pay creditors' claims over a fixed period of time.⏎
Creditor - A person to whom or business to which the debtor owes money or that claims to be owed money by the debtor.⏎