West Virginia Chapter 13 Certification of Compliance Form — for Confirmation of the Plan is a document that must be filed with the court in order to finalize the repayment plan under a Chapter 13 bankruptcy in West Virginia. It is used to certify that the debtor’s repayment plan meets the requirements of the Bankruptcy Code. There are three types of West Virginia Chapter 13 Certification of Compliance Form — for Confirmation of the PlanReconfirmationon Certification, Post-Confirmation Certification, and Final Certification. The Reconfirmation Certification is used to certify that the debtor's repayment plan meets the requirements of the Bankruptcy Code, is feasible, and is in the best interests of the debtor and creditors. The Post-Confirmation Certification is used to certify that the debtor is making payments in accordance with the approved repayment plan. The Final Certification is used to certify that the debtor has completed all payments under the approved repayment plan and has been discharged.
West Virginia Chapter 13 Certification of Compliance Form - for Confirmation of the Plan
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How to fill out West Virginia Chapter 13 Certification Of Compliance Form - For Confirmation Of The Plan?
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FAQ
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.
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.
After confirmation, the trustee will begin paying the creditors listed in your Chapter 13 plan from the monthly payments you send in. It is crucial to the success of your case that you make timely and regular payments to the trustee.
If the court declines to confirm the plan, the debtor may file a modified plan. 11 U.S.C. § 1323. The debtor may also convert the case to a liquidation case under chapter 7. (4) 11 U.S.C. § 1307(a).
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.
As part of the process, the debtor must submit a repayment plan for court approval. But other people with an interest in the bankruptcy case can also make their opinions known. The bankruptcy trustee assigned to the case and any of the creditors seeking repayment can file objections to the debtor's proposed plan.
Objections must be filed within 21 days after the conclusion of the 341 meeting. Plan can be confirmed without further notice or hearing absent timely objections.