How will I know when my Chapter 13 is over?

About 45 days after you've received your discharge, you will receive a document called a Final Decree. It's the document that officially closes your case. Once this document is received, you are no longer in bankruptcy.

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Texas Order Confirming Plan

Texas Order Confirming Plan

Name: Texas Order Confirming Plan
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.78 (467 reviews)

Category:

Texas Bankruptcy - Official - Southern District

State:

Texas

Control #:

TX-SD-B-315

Format:

Instant download

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Order Confirming Plan

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FAQ

Once you've completed your Chapter 13 repayment plan, most remaining nonpriority unsecured debt balances will get discharged. Student loan balances are a notable exception?you'll remain responsible for those (at least for the present). Student loans fall into the category of nonpriority unsecured debts.

In a Chapter 13, an objection to confirmation is basically a written statement from the Chapter 13 Trustee or a creditor of the debtor that there is something wrong with the case that needs to be fixed before the confirmation hearing.

An objection to confirmation is a response filed in a chapter 13 bankruptcy to an original or amended plan that is filed in the case. When you file a chapter 13 bankruptcy you fill out a petition, schedules and a number of related documents. These are really disclosure documents.

About 45 days after you've received your discharge, you will receive a document called a Final Decree. It's the document that officially closes your case. Once this document is received, you are no longer in bankruptcy.

Here, a confirmation hearing is a court proceeding wherein a judge either approves or rejects a proposed debtor repayment plan, based on its feasibility and other legal requirements. At this hearing, a judge will also hear argument and rule on objections filed by creditors to elements of a debtor's repayment plan.

A Chapter 13 confirmation hearing is a court proceeding at which a bankruptcy judge decides whether someone has sufficient income to qualify for Chapter 13 bankruptcy. At the confirmation hearing, the judge reviews the filer's proposed plan to repay creditors.

The chapter 13 confirmation order is, in essence, a final judgment that binds each creditor to the terms stated in the chapter 13 plan. Once the bankruptcy judge issues an order confirming the plan, the creditors are just as bound by the terms of the confirmation plan as the debtor is.

Once your repayment plan gets confirmed, you must continue to make timely payments to the bankruptcy trustee each month for the duration of your plan. You must also continue to make payments on debts, such as your mortgage or car payment, which you proposed to pay outside of bankruptcy.

More info

DATE: TIME: COURTROOM: ADDRESS: This order pertains to the (specify original or version of amended plan). 1833707.The Plan satisfies the requirements for confirmation set forth in section 1129 of the Bankruptcy Code. (a) The court shall confirm a plan only if all of the following requirements are met: (1) The plan complies with the applicable provisions of this title. After confirmation of a plan, the court may order any entity from whom the debtor receives income to pay all or any part of such income to the trustee. You must make all of your plan payments in full and on time. If the court permits the debtor to pay the filing fee in installments, the entire filing fee must be paid in full before the proposed plan can be confirmed. Where applicable, creditors should send the paid-in-full papers, including lien releases, to the debtor once the Discharge Order is entered. The plan failed to object to the plan or appeal the confirmation order. An example of a complete case number is -bk-00001.

Texas Order Confirming Plan

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FAQ

What is next after Chapter 13 discharge?

What does it mean when the trustee objects to confirmation?

What is an objection to confirmation of plan?

How will I know when my Chapter 13 is over?

What happens at confirmation hearing?

What does it mean when a Chapter 13 plan is confirmed?

What happens after Chapter 13 confirmation?

What happens after a Chapter 13 plan is confirmed?

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