Frequently Asked Questions by DEBTORS
|Return to Home Page|
For many plans, the original "plan length" is only an estimate. The actual length can be affected by plan modifications, the addition of debts, missed or partial plan payments, refunds to you, claims filed in excess of your estimates, interest, additional attorney fees, or other factors. Ultimately, your plan is not completed until all the claims provided for in the plan have been paid in that manner. The Trustee can provide an estimate of the remaining term, but you may have to consult your attorney to understand precisely why the plan hasn't yet ended.
must I do to sell my home?
case is nearing completion. How will I know when to resume making my
mortgage payments directly?
Most lien holders can be depended upon to promptly release their liens and turn over the titles they have retained. However, if more than 30 days lapse after the granting of your discharge and you still have not received the title, you may ask that we send the lien holder a letter asking that you be sent the title. If the title is still not forthcoming, you should contact your attorney for assistance.
The law requires that payments be commenced no later than 30 days after the date your Chapter 13 plan was filed. Thereafter, they must be regularly made within each succeeding calendar month to be credited for that month. In order to guarantee credit during a particular month, a payment should be received by the Trustee by the 22nd of that month. You have the option of making your payment 4 different ways:
Your required plan payment cannot be lowered by the Trustee; the plan payment can be lowered only by a formal modification of your plan filed by your attorney. Also, the Trustee has no authority to allow you to skip or postpone a plan payment.
did my payment change?