Colorado Notice of Continued Dates for Meeting of Creditors and Hearing on Confirmatin of Plan
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How to fill out Colorado Notice Of Continued Dates For Meeting Of Creditors And Hearing On Confirmatin Of Plan?
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FAQ
It depends. Some courts require debtors to attend confirmation hearings. But in most cases, your attorney can attend on your behalf and answer questions the judge may have. But if you don't have an attorney, you must appear at the hearing; otherwise, the judge may dismiss your case.
During a confirmation hearing, the judge will either approve or reject a filer's proposed plan and hear any objections. A bankruptcy trustee might object to a repayment plan because they are concerned that the proposed payments are not adequate under bankruptcy laws.
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.
An order confirming the chapter 13 plan is a Bankruptcy judge's approval of the Debtor's proposed chapter 13 repayment plan. For more information, see 11 U.S.C. §1325 .
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.
The Court enters an order discharging individual Debtors after all requirements are met, but no sooner than the last day to object to the Debtor's Discharge. This is usually 60 days after the 1st setting of the 341 Meeting of Creditors unless a motion is filed with the court to extend that time.
An objection to the confirmation of a chapter 13 plan shall be made by motion setting forth the facts and legal arguments that give rise to the objection in sufficient detail to allow the debtor to file a reply or an amended plan that addresses the objection.